* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. [00:00:01] ALL RIGHT. IT'S AFTER SIX 30, I CALLED THE MEETING TO ORDER. SO LET'S STILL DO THE CLASS. SO THEY'VE MADE ME A LITTLE BIT DIFFERENT BECAUSE WE HAVE TO GO SEVEN 30 FOR THE OFFICIAL MEETING. RIGHT? SO AFTER ONE SECOND MAY STAND UP FOR THE NATION UNDER GOD, INDIVISIBLE, WITH WHAT [1. Present and Discuss Naming of the Future Parks located at the Addison Grove Development. ] SESSION FOR SITE AND PRESENT THIS NAMING OF THE FUTURE PARK LOCATED AT THE EDSON GROVE MAYOR AND COUNCIL. JANET SAID, WELL, DIRECTOR OF PARKS AND RECREATION, GOING TO SHARE MY SCREEN WITH YOU QUICKLY. UM, ON JANUARY 26TH AND 2016, COUNCIL APPROVED A LETTER OF INTENT WITH BELTLINE BELTWAY INVESTMENTS AND URBAN IN TOWN TOWN HOMES FOR THE REDEVELOPMENT OF THE FORMER SOUND SAM'S CLUB PROPERTY FOR AN AMOUNT NOT TO EXCEED 6.5 MILLION FOR THE CONSTRUCTION OF PUBLIC INFRASTRUCTURE. AS PART OF THE DEVELOPMENT INCLUDED IN THAT FUNDING WAS THE CONSTRUCTION OF THREE PUBLIC PARKLANDS AND TWO PARKLETS. YEAH. THROUGH THE CONSTRUCTION PHASE OF THE PROJECT, THE DEVELOPER HAS ASSIGNED TEMPORARY NAMES TO THE THREE PARKS, UM, AND HIS REFERRED TO THE PARKLAND PARKLANDS AS PARKLET ONE AND TWO. UM, THOSE NAMES FOR THE PUBLIC PARKS ARE THE COMMENTS, THE GROVE AND THE PLAZA. THE PURPOSE OF THIS MEETING IS TO GET INPUT FROM COUNCIL ON WHETHER THEY WOULD PREFER TO MAKE THOSE NAMES PERMANENT, OR WOULD COUNCIL TO CONSIDER, LIKE, TO CONSIDER DIFFERENT NAMES FOR THOSE PARKS. I'M BRINGING, I GUESS, FAMILIARIZE US WITH THE NAMING AND RECOGNITION POLICY THAT WE RECENTLY HAD. A LOT OF DISCUSSION ABOUT THE NAMING OF THESE PARKS WOULD APPLY UNDER SECTION TWO NAMING CRITERIA WHERE STRUCTURES, PARKS, TRAILS, AND OTHER TOWNS FACILITIES. UM, OR WE ALSO REFER TO THEM AS FACILITY FOR NAMING OBJECTS. SHOULD WE UTILIZE THE DOMINANT CHARACTERISTICS RELATED TO THE TOWN'S NATURAL ENVIRONMENT, PHYSICAL FEATURES OR HISTORY? SO THAT CAN BE HYDROLOGICAL FEATURES, NATURAL FEATURES, MANMADE FEATURES, SIGNIFICANT HISTORICAL EVENTS. UM, IT COULD ALSO BE A COMMUNITY SPONSORED NAME BROUGHT TO COUNCIL FROM THE COMMUNITY, OR IT COULD BE NAMED THE NAME OF AN INDIVIDUAL THAT HAS MADE A SIGNIFICANT CONTRIBUTION TO THE TOWN. JUST TO GIVE YOU AN OVERVIEW, A LITTLE BIT OF THE THREE PARKS AND WHY THE NAMES HAVE BEEN GIVEN TO THEM. UM, THE FIRST PART IS CALLED THE COMMONS. THE DESIGN OF THIS PARK IS A GREEN SPACE THAT HAS THE SMALL PAVILION THAT COULD ALSO BE USED AS A SMALL STATE. UM, SO IT IS A PLACE FOR THIS COMMUNITY THAT HAVE SMALL GATHERINGS. UM, IT ALSO HAS SOME OUTDOOR SEATING, SOME TAPE, MOVABLE TABLES AND CHAIRS LIKE WE DO IN A LOT OF OUR PARKS AND AN OUTDOOR PLOT CHEAT BALL COURT. AND DUE TO THE NATURE OF THIS PARK BEING KIND OF THE GATHERING SPACE WITHIN THE COMMUNITY IS THE REASON THAT THE DEVELOPER REFERRED TO IT AS THE COMMENTS. THE SECOND GREEN SPACE IS THEY'VE REFERRED TO IT AS THE GROVE PARK, WHICH IS A LAWN AREA SURROUNDED BY HOUSING. UM, IT DOES HAVE A GROVE OF TREES ON THREE SIDES, UM, UNDER THE DARK GREEN GROVE IN THE MIDDLE. THERE'S A LOT OF MOVEABLE, THERE'LL BE A LOT OF MOVABLE SITE FURNISHINGS. AND, UM, THERE WILL ALSO BE A PLACE THAT'S BEEN IDENTIFIED FOR PUBLIC ART TO BE INSTALLED AT A FUTURE DATE. IF THE ADDISON ARBORIST FOUNDATION WAS TO FACILITATE THAT BECAUSE OF THE, UM, NUMBER OF TREES THAT ARE IN THIS LOCATION AND KIND OF THE SETTING THAT WE'RE IN YOU'RE, UM, SETTING UP TABLES AND CHAIRS ARE UNDER A GROW. THERE WAS SOME REASON THAT DEVELOPER REFERRED TO THIS AS GROWTH PARK AND THEN THE [00:05:01] PLAZA PARK IS, UM, PREDOMINANTLY, UM, IT DOES HAVE LANDSCAPING AROUND THE PERIMETERS. THERE ARE SOME BERMS IN THIS LITTLE CENTER OF THIS, YOU'LL SEE SOME CIRCULAR AREAS THAT WILL HAVE ARTIFICIAL TURF. UM, PART OF THE THOUGHT ON THIS AS THIS IS, WOULD BE A GREAT PLACE FOR THE PARKS DEPARTMENT. WHEN WE HAVE DAY CAMPS TO BRING CHILDREN THAT THEY CAN DO LIKE A TRICYCLE COURSE AROUND IT BECAUSE IT'S VERY CURVILINEAR. UM, WE CAN ALSO PLAY GAMES ON SOME OF THE TOPOGRAPHY THAT'S IN THERE AND THERE'S A PAVILION THERE THAT'S VERY CIRCULAR TOO. SO IT KIND OF TIES IN WITH THE DESIGN OF THE PARK BECAUSE THE PARK IS PREDOMINANTLY PAVED AND NOT AS MUCH GREEN SPACE AS THE OTHER TWO PARKS. THE DEVELOPERS REFERRED TO THIS AS THE PLOTS PARK. AND THEN THERE ARE TWO PARKLETS AT THE SOUTHERN SOUTHERN END OF THE DEVELOPMENT THAT ARE GREEN SPACES THAT ARE LANDSCAPED. THEY'RE VERY SMALL AND THEY'RE REALLY FORMED. THEY'RE THERE TO PURPOSES BEING AN ENTRYWAY FOR THE COMMUNITY THAT LIVE SOUTH ABOUT US AND GROWTH TO BE ABLE TO ENTER INTO THE OUT OF SOME GROWTH DEVELOPMENT. UM, SO THE DEVELOPER HAS JUST REFERRED TO THOSE AS THE PARKLETS. THIS WOULD BE SIMILAR TO THE SPACE THAT'S RIGHT IN FRONT OF THIS AREA. THAT'S A GREEN SPACE THAT THE PARKS DEPARTMENT MANAGES. SOME PEOPLE CALL THAT SOUND'S PART BECAUSE OF BEHIND SALES CLUB, BUT THERE'S NOT AN OFFICIAL NAME ASSOCIATED WITH THAT. AND WE HAVE A LOT OF BEAUTIFICATION AREAS IN TOWN THAT DO NOT HAVE NAMES THAT ARE JUST REFERRED TO AS LANDSCAPE AREAS. UM, SO WITH THAT INTRODUCTION OF THE THREE PROPERTIES, I'D LIKE TO ASK COUNCIL FOR SOME DISCUSSION ON, SHOULD WE CONSIDER MAKING THESE NAMES PERMANENT AND LEAVING THE PARKLETS UNNAMED, OR WOULD COUNCIL LIKE TO GIVE STAFF SOME DIRECTION ON POTENTIAL NAMES THAT WE COULD LOOK INTO FOR THE PARKS AND PERHAPS NAME THE PARKLETS OR LEAVING THEM A NAME PERSONALLY? I DON'T THINK THAT'S NECESSARILY A NEED FOR THE NAME. ONCE WE START THAT WE'RE GOING TO HAVE, WE'RE START LOOKING AROUND AND WE'RE GOING TO ADD A HUNDRED DIFFERENT LITTLE THINGS THAT WERE PICKED. WE'RE GOING TO NEED THE NAME. AND I DON'T THINK THAT'S NECESSARILY PERSONALLY THAT'S MY FAULT. I AGREE WITH THAT. I THINK THAT IT'S CONTIGUOUS WITH THE RIGHT NOW. SO QUESTION, DO YOU HAPPEN TO KNOW IF ON LIKE ON GOOGLE MAPS, YOU KNOW HOW LIKE IF YOU GOOGLE SPRUILL PARK OR WHATEVER, YOU KNOW, IT'S IT'S MAY, WOULD THIS BE SOMETHING THAT WOULD BE JUST HAVE NO NAME OR WOULD IT BE PERFECTLY, I MEAN, IT SOUNDS FUNNY TO BE CALLED PARKLAND. HE NAMED, IT WOULD BE PART OF A GREATER LANDSCAPE AREA, BUT THE THREE LARGER PARTS THAT SERVE AS PARK FUNCTIONS WOULD END UP HAVING NAMES AND THEN GOOGLE MAPS. YEAH. I AGREE WITH TOM AND PAUL. I DON'T SEE HER. CAN YOU, CAN YOU REMIND US WHAT IS A FENCE BETWEEN THE BOUNDARY BETWEEN PARK THAT'S THERE NOW IT'S PARKED ON THE SOUTH SIDE. SO CURRENTLY RIGHT NOW THERE IS A BRICK WALL THAT SEPARATES, UM, THE LITTLE GREEN SPACE NORTH OF BELTWAY AND THE ADDISON GROVE DEVELOPMENT ONCE THE PROPERTIES. UM, AND I'LL LET CHARLES INTERJECT IF I SAY THIS WRONG, BUT I BELIEVE ONCE ALL THE PROPERTIES ALONG THAT SOUTHERN EDGE OR DEVELOPED I'M, THE DEVELOPER WILL COME IN, REMOVE THAT WALL. WHEN THAT WALL IS GONE, YOU WILL SEE THE TOWNHOMES, THEIR YARDS, AND THEN YOU'LL SEE THE GREEN SPACE. THERE IS A GREAT DIFFERENCE BETWEEN THE TWO. SO THERE WILL BE A LITTLE BIT OF A SEPARATION. UM, AND THEN WE HAVE APPLIED FOR A GRANT, UM, AND HAVE PLANS AT SOME TIME IN THE FUTURE TO CONNECT THE SIDEWALK SYSTEM, OR EVEN EXPAND THAT INTO A TRAIL SYSTEM, CONNECT THAT UP TO ADDISON ADDISON GROPE AT TWO PARKLETS. THERE IS A WALK THAT GOES THROUGH THAT THERE WITH A RAMP THAT WE WOULD HAVE SIDEWALKS. SO THAT'S, THOSE WERE AT THE END OF OAK STREET. AND HOLLY ST. CHARLES IS SAYING, I DON'T SEE A COMPELLING REASON. YOU HAVE TO MEET SEPARATELY DIFFERENT QUESTIONS IN IT, JUST CONFIRMING THE DEVELOPER REALLY HAD A PREFERENCE TO KEEP THE NAMES THE DEVELOPER [00:10:01] HAS PUT FORWARD. THE DEVELOPER SAID THAT WHEN THEY DID GIVE THEM THE NAMES, IT WASN'T JUST A RANDOM PICKING A TEMPORARY NAME THAT THEY DID PUT SOME THOUGHT INTO THOSE NAMES. THEY THOUGHT THAT THEY WERE THEY'RE APPROPRIATE FOR THE PART. UM, NOW I CAN'T TELL YOU IF WE GAVE THEM DIFFERENT NAMES, THERE WOULD BE NO HARD FEELINGS EITHER, BUT IT WASN'T AN ARBITRARY NAME. THEY DID PUT SOME INTENTION INTO WHAT THEY WERE THINKING OF THE PARTY. YEAH, TO ME, IT'S ALL ABOUT WALKING TO THE PARK, HOW THESE THINGS ARE BEING DESIGNED AND KIND OF CAME UP WITH A NAME THAT MADE SENSE TO ME, PLAZA THE GROW WITH ALL THE TREES AND THE COMMONS WHERE PEOPLE WOULD MEET YOUR COMMON PLACE. I DON'T KNOW. I DON'T KNOW IF WE'RE GOING TO EVER HAVE ANOTHER, I KNOW ONE TIME WE, SOMEBODY HAD TALKED ABOUT NAME SOMETHING ELSE, THE COMMONS, OR I THINK IT WAS OVER YEARS AGO. I DON'T KNOW IF SPECIFICALLY IT NEEDS TO BE LIKE SOMETHING LIKE THE, THE COMMON, OR IF WE'RE GOING TO HAVE OTHER PLAZAS. I DON'T KNOW IF, YOU KNOW, ON THE DRAWING, IT SAYS ON THE DRAWING, IT SAYS OUT OF SOME GROWTH, YOU'RE SAYING MAYBE OUT OF SOME CLOSET OR SOMETHING, I HAD SOME GOOD COMMENTS. IT COULD BE SOMETHING AS SIMPLE AS THE GROWTH. WELL, THAT'S A LITTLE REDUNDANT, THE GROWTH AS THE GROWTH. AND HOW DOES THE GROWTH SOUNDS PRETTY? I MEAN, THAT GIVES YOU TWO LANDMARKS TO LOOK FOR. SO YOU'RE LOOKING FOR THAT DEVELOPMENT AND THE PARK ON THE COMMENTS. SO THERE DEFINITELY ARE SOME WAY, YEAH, THE GROWER COMMENTS, THE GROVE AND THE GROWTH THAT EVERYBODY KNOWS. IT'S ALL THOSE ARE IN THAT SECTION OF TOWN, BUT WE'RE FEELING WE MIGHT END UP, WE WILL END UP WITH OTHER PLAZAS ONCE THE STUFF IS DONE AROUND THE TRAIN STATION THOUGH, I'M SURE THERE'S GOING TO BE SOME OPEN PLAZA AREAS FOR SURE. OVER THERE. SO NOW I LIKE THE NAMES THAT THEY'VE COME UP WITH IT. I GUESS ONE QUESTION I HAD WAS ON THE PARKLETS. IF THE DEVELOPERS DURING THE MOVE WHERE THE PROJECT WAS COMPLETED, CAME UP WITH SOME, SOMETHING CREATIVE, GET ENTERTAINED THAT AT THAT TIME WE CAN, WE COULD ALWAYS COME BACK AND ENTERTAIN A NAME AT A LATER TIME. UM, I CAN TELL YOU THAT THEY JUST FELT LIKE IT WAS PART OF THE GREEN SPACE OF THE DEVELOPMENT AND THAT'S WHY THEY REFER TO THEM AS THE PARKWAY. YEAH. I LIKE, I LIKE WHAT THEY, SO THE NEXT STEP, UM, IF THERE'S, I FEEL LIKE THERE'S A PRETTY STRONG CONSENSUS. THERE'S NOT LET ME KNOW, UM, WILL BE THAT WE'LL BRING THIS BACK TO YOU FOR CONSIDERATION OF A FORMAL VOTE FOR THE NAMING POLICY. WE'LL FOLLOW THOSE GUIDELINES AND YOUR STRONG CONSENSUS WOULD BE WHAT'S WHAT'S BEEN PROPOSED BY THE DEVELOPMENT. OKAY. NO, I THINK PRECEDENT, HE FAILED AS A, TOO SMALL PARK, SO IT'S REALLY NOT NECESSARY TO HAVE THE NAME AND LAST THE DEVELOPERS AS SOMETHING IN THE MIND, YOU KNOW, ASSIST OR THE DESIGN THIS PLACE, UH, THEY PROBABLY, UH, PROGRESSIVELY LONG TO NAME SOMETHING. UM, IT FEEL LIKE SO, UM, WELL I LOOK AT THIS, YOU KNOW, I SAID, IT'S SO SMALL A PARK BY THE WAY, HAVE TO HAVE A MEETING, BUT IF YOU WANT TO ONE, YOU CAN BE THIS ON BELTWAY OR , BUT IT'S ALL UP TO THE DEVELOPERS AND YOU'RE REFERRING TO THE PARKLETS THE POSITIVE. I WAS GONNA SAY SOME STATUTORY PARK. IT MAKE MORE SENSE TO ME THAT IF WE'RE GOING TO BANG, TRYING TO RESHAPE THE WAY BIGGER THAN THOSE TWO THERE'S TWO LITTLE ENTRY POINTS AT, THAT'D BE ALL ENCOMPASSED IN THAT MAYBE, YOU KNOW WHAT I'M SAYING? OLD PARK IS WASN'T EVER NAMED THAT TRIANGLE. PARK'S PRETTY MUCH STILL GOING TO BE THERE. JUST DEFENSE HAS GONE. AND NOW WE SEE A BUILDING RIGHT THERE WHEN THE OLD BRICK FENCE WAS, BUT THE REST OF THAT GROUND WAS GOING IN THERE. AND THAT'S ALL CONTIGUOUS WITH THOSE TODAY. SO IF WE'RE EVER GOING TO RENAME IT, I THINK IT NEEDS A GOES TWO THINGS NEED TO GO WITH THAT BIGGER PARKS, JUST ONE QUESTION OR CLARIFICATION. SO WHAT WAS TALKED ABOUT EARLIER ABOUT KIND OF DIFFERENTIATING THE COMMON AND THE PLAZA, IS THAT, IS THAT SOMETHING THAT THE COUNCIL WANTS TO HAVE STAFF REACH OUT TO THE DEVELOPER TO INCORPORATE IN? OR DO [00:15:01] YOU HAVE A STRONG VIEW? I LIKE IT THE WAY THEY PRESENTED IT. YOU KNOW, I JUST HAD ANOTHER THOUGHT TOO, TO ELABORATE ON YOUR THOUGHTS ON, IF THERE'S ANOTHER PARK IN ADDISON, LET'S SAY ALLISON CIRCLE PARK, THERE THERE DEVELOPS A PLAZA PARK. WE COULD CALL THAT PARK PLAZA ON AMSTERDAM, TRUE TO DISTINGUISH IT SO THAT I KIND OF LIKED THESE NAMES, BUT THE GAME KIND OF YEAH. PEOPLE LIKE YOU AS AN ATRIUM. RIGHT. BUT THEN, YOU KNOW, YOU CAN ALWAYS EDIT SOMETHING ELSE BEFORE THAT AND WE'LL BRING SOMETHING BACK THAT REFLECTS THESE NAMES. OKAY. THANK YOU. I APPRECIATE IT. THANK YOU, JENNA. [2. Present and Discuss an Update on the Restructuring of the Management, Operation, and Real Estate Services at Addison Airport.] SO ITEM NUMBER TWO, PRESENTED STATUS UPDATE ON THE STRUCTURE RESTRUCTURING OF THE MANAGEMENT POPULATION AND REAL STATE SERVICES EDISON. ALL RIGHT. GIVE ME THE MAYOR AND COUNCIL. UM, MY NAME IS LISA PILES AND I AM A CONSULTANT FOR THE TOWN OF ADDISON. LET ME START THE SAME THING. FIRST OF ALL, UH, BY ISSUING AN APOLOGY TO YOU, THE PRESENTATION THAT YOU HAVE IN YOUR PACKET HAS AN ERROR IN IT. UM, I USED THE WRONG NUMBER AS I WAS GOING THROUGH, UM, ONE OF THE SLIDES. AND SO WHAT YOU'LL SEE THIS EVENING ON THE SCREEN IS THE UPDATED PRESENTATION. I APOLOGIZE FOR THAT ERROR. WHAT IT ENDED UP DOING WAS IT ENDED UP, UH, OVERSTATING THE SAVINGS TO THE TOWN BY $13,800. SO I'LL, I'LL GO THROUGH THAT AS WE, AS WE GO THROUGH IT. AND AGAIN, I APOLOGIZE FOR THAT ERROR. SO WITH THAT, IT WAS A PLEASURE TO BE YOU THIS EVENING TO PROVIDE THIS UPDATE ON THE PROGRESS THAT'S BEEN MADE, UH, FOR THE RESTRUCTURING OF THE MANAGEMENT OF ADDISON AIRPORT. SINCE WE LAST TALKED ABOUT IT IN JANUARY OF THIS YEAR, NOW ON THE ZOOM CALL WITH ME IS MR. DAN BENSON AND HE'S FROM LAMININ LANDRUM AND BROWN. YOU'LL REMEMBER THAT WE HAD A CONTRACT WITH HIM, UM, TO GO THROUGH, UM, TO HELP US WITH THIS RENEGOTIATION AND, UH, AND THE RESTRUCTURING. SO MR. DAN VINSON, WE'LL GO THROUGH THE ANALYSIS THAT WERE CONDUCTED. HE'LL WALK YOU THROUGH THE NEGOTIATION STEPS THAT WERE TAKEN, AND THEN HE'LL TALK ABOUT THE RATIONALE FOR THE FINAL PROPOSED STRUCTURE. AND THEN AFTER THAT, I WILL RETURN, UH, TO TALK TO YOU ABOUT THE CORRECTED COSTS, UH, INFORMATION, AND, UH, TO UPDATE YOU ON SOME OF THOSE COSTS THAT SINCE YOU'VE SEEN THEM IN JANUARY, SO TO REFRESH YOUR MEMORIES, WE FIRST BROUGHT THIS DISCUSSION TO YOU. AND ON JANUARY 14TH OF THIS YEAR, AT THAT TIME YOU AUTHORIZED A CONTRACT WITH LANDRUM AND BROWN TO NEGOTIATE THE CONTRACTS FOR THE AIRPORT MANAGEMENT SERVICES. THEN AT THAT MEETING, YOU STATED THAT YOUR LONG RANGE GOAL, UH, FOR THE MANAGEMENT OF THE AIRPORT WAS TO INSOURCE ALL OF THOSE FUNCTIONS INTO THE TOWN STRUCTURE, SIMILAR TO THE WAY THAT MOST OF US AIRPORTS ARE MANAGED. AND THEN ON JANUARY 28TH, YOU AUTHORIZED US TO ISSUE A DETERMINATION, UM, OF A COMMS CONTRACT TWO YEARS EARLIER THAN THEIR CONTRACTUAL TERM. AND THAT WAS SEPTEMBER 30TH OF TWO, UH, 2022. SO WE DID ISSUE THAT, UH, FOR THE END OF THIS MONTH. UM, AND THEN YOU ALSO, UM, ASKED US TO BEGIN THE PROCESS TO INSOURCE THE MANAGEMENTS OF THE OPERATIONS, THE MAINTENANCE, AND THE FINANCIAL MANAGEMENT OF THE AIRPORT, AND THEN TO RENEGOTIATE OR TO NEGOTIATE A CONTRACT WITH SAMMY FOR THE REAL ESTATE FUNCTION. SO, UH, LAND ROMAN BROWN, UH, WAS OUR CONTRACTOR AND MISTER DAN BENSON WAS THE LEAD, UH, IN THOSE NEGOTIATIONS. SO AT THIS POINT, I'M GOING TO TURN IT OVER TO DAN HE'S ON THE ZOOM CALL, AND HE'LL WALK YOU THROUGH THAT, UH, PORTION OF THE PRESENTATION. SO DAN, THANK YOU. [00:20:01] CAN YOU HEAR ME FINE? RIGHT. SO, UH, AS WE SAID, E-COMM CONTRACT TERMINATED, UM, THAT IS EFFECTIVE OCTOBER ONE. UM, AT THIS TIME RIGHT NOW, THE, UH, PERSONNEL FROM A COMMON BEING ONBOARDED AND THOSE PEOPLE AGAIN, WILL BE COUNTING ON THE 1ST OF OCTOBER AS FOR THE SEMI CONTRACT, UM, FOLLOWING CITY COUNCIL'S DIRECTION AND POSITIONING HOW THE TOWN WOULD APPROACH THAT RENEGOTIATION. AND WE'VE GOT A SECOND TO THAT CONTRACT AND DEVELOPED AN ISSUE MATRIX REDLINE, THE CONTRACT, AND THOSE THAT HOW TO POINT A BETTER STRATEGY, DETERMINED THAT THE ESSENTIAL DUTIES IN TERMS OF PROVISIONS ARE HOW WE WERE GOING TO CALCULATE COSTS. SAY IN FEBRUARY, WE HAD OUR FIRST MEETING WITH DANNY. THAT MEETING WAS SIMPLY TO GO OVER THEIR OBJECTIVES TO OUR NEGOTIATION. IS THAT THE TIMELINE THEN GOING INTO MARCH AND APRIL OF THIS YEAR, WE WENT THROUGH AN INTERNAL EVALUATION WITH THAT DEAL PACKAGE FOR A NEW CONTRACT WITH LIVE LIFE. HOW WE REBALANCED CONTRACT TERMS WHEN IT WENT TO THE AGREEMENT WOULD BE LIKE EVALUATING COMPENSATION, ASSESSING RED AND STRENGTHENING OUR INTERNAL CONTROL. UH, CONTINUING IN MARCH AND APRIL. UM, AS WE HAD SHARED WITH COUNCIL, I THINK IS SORT OF A POINT TO BRING BACK FROM OUR EARLIER JANUARY PRESENTATIONS STANDING, UH, HAS BEEN PART OF THE TOWN, THE EMPLOYEES WITH TAMMY AND IN PARTICULAR BILL FOR UP TO 20 YEARS. UM, AND DURING THAT TIME, AUDIO CLEANERS, INSTITUTIONAL VALIDATE, BROUGHT TO THE TOWN AS WE HAVE SHARED PREVIOUSLY. AND IN OUR EARLIER REPORT, OVER 80% OF THE REVENUE THAT THE AIRPORT PROVIDE FOR REAL ESTATE. UH, THERE ARE A NUMBER OF DEALS OF THE NEXT SEVERAL YEARS, UH, THAT WILL BE GETTING RENEWED. AND SO THAT'S AN IMPORTANT THING FOR THE REVENUE FOR THE AIRPORT. AND THEN ALSO JUST WE'VE GONE TO THE PENSION THAT THE SAME, UH, EMPLOYEES ARE PAID SALARY. THERE'S A MANAGEMENT FEE WITHIN CONSENTED DONUTS, WHICH WE FLEW INTO LATER AND THEY ALSO PROVIDED BENEFITS TO THEIR EMPLOYEES, BUT IT WOULD INCLUDE TO US AS WE'RE GOING TO DO THIS ASSESSMENT TO MAKE SURE THAT WE WERE SECURING THIS PERSON. NO, SO APRIL WE WERE EVALUATING THAT SORT OF LEVERAGE WE MAY HAVE IN BALANCING THAT WITH THE RED. AND SO WE STARTED TO GIVE CONSIDERATIONS TO THE ALTERNATIVE, UM, AND WHAT WOULD BE THE CONSEQUENCES IF WE WERE TO NOT REACH A DEAL WITH FAMILY AND WE WERE TOO, HUH? WE CAME UP WITH, AS YOU RECALL, AND WE INSOURCED A COMM, WE BROUGHT THE INTO THE TOWN EMPLOYEE. AND SO WE CONSIDER THE TIME THE ASSET MANAGER AND THE WIKI MANAGER AS PART OF SANDY AS WELL. UM, THAT WOULD BE THE REAL ESTATE MANAGER IS THE BUYER. UM, AS A CONTRACTOR, THAT'S ON OUR FEBRUARY MEETING, WE BELIEVE THAT WITH, UH, THE ROLE THAT HE WANTED TO BE IN AT THAT TIME. AND SO WE PRODUCED A SET OF THAT IF WE WERE TO THAT TYPE OF PLANNING, SANDRA INSOURCED, OTHER POSITIONS THAT SANDY WAS PROVIDING SERVICES FOR, UH, IMPORTANTLY, AND CONSIDERING THAT WE WERE LOOKING AT THE STABILITY OF THAT TRANSITION, THE COST SAVINGS ASSOCIATED WITH IT. AND THE TIMING FOR THAT AS LISA HAD SAID, THE LONG TERM WAS TO BRING IN ALL OF THE TRADITIONS INTO THE TOWN, EVEN THOUGH IT'S CURRENT GLOBAL TO DO A RENEGOTIATION OF THE AGREEMENT WITH FANNY. SO IN MAY WE PRESENTED THIS FRAMEWORK WHERE WE HAD THE ASSET MANAGER AND THE TEAM MANAGER. AND OF COURSE, AS WE SAID EARLIER, ALL OF THE FINANCE FINANCE MANAGER BECOMING PART OF THE TOWN, THE REAL ESTATE MANAGER WOULD REMAIN AN INDEPENDENT CONTRACTOR. AND THIS DISCUSSION IN MAY, WE DID NOT DISCUSS COMPENSATION PACKAGES AT A TIME THAT WE WERE SIMPLY PUTTING THIS FRAMEWORK OF A DEAL ON THE TABLE, UM, THAT WE HAVEN'T NECESSARILY RECEIVED STRONGLY AT THAT TIME. UM, BUT SOME GOOD CONVERSATION ENSUED, UM, WHICH WILL BE THE SAME ANSWER WITH GO AND A DISCUSSION CONTINUED FROM THERE. SO AS WE WENT INTO THE ELECTIVE MAY AND JUNE AND JULY, THE DEAL CONTINUE TO BE AS AN ENDURANCE INTEREST IN THE COUNTY COUNTY EMPLOYEE. UM, AND AGAIN, THEY SIGNIFICANTLY SECURED SOME CONTINUITY FOR THE TOWN IN THE EVENT THAT THE REAL ESTATE MANAGER WITH A CONDITION THAT WOULD BE OUR FORCE. UM, HOWEVER, AS THE REAL ESTATE MANAGER CONTINUE TO HAVE THE DISCUSSIONS WITH THE TOWN AND ALSO WITH THE AIRPORT DIRECTOR, UM, IT'S STARTING TO SHAPE INTO WHERE THAT POSITION COULD ALSO BE ONE THAT WOULD WORK AT A, UH, IN-SOURCED EMPLOYEE EMPLOYEES WELL, AND SO INTO WHY THE TOWN OFFERED THAT POSITION TO THE REAL ESTATE MANAGER. AND IN EARLY AUGUST, I'LL GIVE TENS ACTUALLY THAT OFFER WAS ACCEPTED. ALL RIGHT. THANK YOU, DAN. UH, AND SO WHAT, WHAT HAS HAPPENED SINCE THEN IS THAT THE EMPLOYMENT OFFER LETTERS HAVE BEEN SENT TO ALL OF THE AIRPORT STAFF MEMBERS, AND I'M HAPPY TO [00:25:01] REPORT THAT THEY HAVE ALL ACCEPTED. THOSE OFFERS HUMAN RESOURCES DEPARTMENT HAS STARTED THE INSOURCING PROCESS, THE ONBOARDING PROCESS, AND THAT'S SCHEDULED TO BE COMPLETED, UH, SEPTEMBER 30TH. UM, JUST AT THE END OF THIS MONTH, THE CONTRACTS FOR A COMMON SAMMY WILL EXPIRE ON MIDNIGHT ON SEPTEMBER 30TH OF THIS MONTH. AND THEN THE AIRPORT STAFF MEMBERS ARE PROPOSED TO BECOME TOWN EMPLOYEES ON OCTOBER 1ST. SO NOT ONLY DOES THIS STRUCTURE MAINTAIN THE INSTITUTIONAL KNOWLEDGE AND THE EXPERTISE FOR THE OPERATIONS MAINTENANCE AND THE FINANCIAL MANAGEMENT FOR THE TOWN, BUT IT ALSO IS. IT ENABLES YOU TO RE UH, RETAIN THE REAL ESTATE EXPERTISE AS WELL, ALL AT A SUBSTANTIAL COST SAVINGS TO THE TOWN. SO NEXT, ALL WE WANT TO DO IS WE WANT TO REVIEW THOSE COSTS THAT WERE PRESENTED TO YOU IN JANUARY. COMPARE THOSE TO THE UPDATED COSTS, TO ONBOARD THOSE STAFF MEMBERS, AS WELL AS THE REMAINING REAL ESTATE STAFF MEMBERS THAT WE HAVEN'T TALKED ABOUT BEFORE, AND THEN COMPARE THOSE TO THE AMOUNTS IN THE FISCAL YEAR 2020. BUT SO THIS SLIDE MAY LOOK SOMEWHAT FAMILIAR TO YOU. YOU'VE SEEN SOME OF THIS INFORMATION BEFORE, BUT WE'VE ADDED SOME ADDITIONAL INFORMATION AS WELL. THOSE FIRST TWO COLUMNS, THE FIRST TWO COLUMNS OF NUMBERS WILL PROVE WERE PROVIDED IN JANUARY, UH, AT YOUR JANUARY 28TH MEETING. NOW, THE LAST COLUMN IS THE UPDATED NUMBERS OF THOSE, UH, BASED ON, UH, THE TOWN'S POS NOW. SO WORD OF CAUTION, IF YOU'VE READ AHEAD ON SLIDE 13, YOU MAY BE THINKING, WHY ARE THESE NUMBERS DIFFERENT THAN THEY ARE ON SLIDE 13? I'M GOING TO GO THROUGH THAT AND YOU THROUGH WHY THOSE THINGS ARE DIFFERENT. THERE ARE SOME IMPORTANT DIFFERENCES BETWEEN THOSE TWO SLIDES. SO THE FIRST LINE IS SHOWING THE TOTAL SALARIES IS THE AMOUNT THAT WAS UPDATED IN WHAT I'M TALKING ABOUT IS THE $785,730 AND 43 CENTS FOR THE COST OF THE, A CALM AND A SAMMY FINANCIAL MANAGER. AND THAT NUMBER. IF YOU LOOK ON SLIDE 13, THAT'S A DIFFERENT NUMBER THAN WHAT'S ON SLIDE 13. AND THE REASON FOR THAT THERE, WHEN WE DID, UH, ACTUALLY LET ME BACK UP WHEN THE, WHEN THE DEPARTMENTS FOR ME LIKE THEIR BUDGETS, THEY DO THAT IN THE SPRING OF EACH YEAR, SO THAT THE CITY MANAGER CAN PUT THOSE IN HIS BUDGET IN JULY, BECAUSE PROM IS ON A CALENDAR YEAR RATHER THAN A FISCAL YEAR. THE AIRPORT DIRECTOR HAS TO ESTIMATE WHAT THOSE INCREASES WILL BE FOR THOSE SALARIES AS HE DOESN'T GET THAT INFORMATION UNTIL NOVEMBER OR DECEMBER OF THAT YEAR. SO BY THE TIME WE WERE PUTTING TOGETHER THIS PRESENTATION, I HAVE THOSE UPDATED NUMBERS. SO I USED THE NUMBERS HERE IN JANUARY, UM, THAT INCLUDED THE MERIT INCREASES FOR THE AIRPORT STAFF. THE REASON I DID THAT IS BECAUSE I WANTED TO GIVE YOU A FULLER PICTURE OF WHAT THOSE COSTS WOULD BE. YOU'LL SEE DIFFERENT NUMBERS ON SLIDE 13, AND NOW I'LL TELL YOU WHY TOTAL TAXES AND BENEFITS ARE FROM THE FY 2020 BUDGET. UH, SO YOU SEE THE TOTAL THERE OF A, ABOUT ONE, ABOUT $1.4 MILLION, THE TOTAL CHARGES AND EQUIPMENT THAT, UH, THAT LINE IS MADE UP OF THE, UM, MANAGEMENT FEE, THE INCENTIVE BONUS, DIRECT CHARGES FOR BOTH A CALM AND SAMMY. AGAIN, THAT'S DIFFERENT FROM WHAT'S ONLINE 13, AND I'LL, I'LL EXPLAIN THAT TO YOU. BUT IN JANUARY, WHAT WE PRESENTED TO YOU WAS THAT THE TOTAL COST OF THAT WAS WHAT MILLION $956,308 AND 47 CENTS. NOW THE SECOND COLUMN OF NUMBERS, THOSE ARE THE, THAT'S WHAT WE PRESENTED TO YOU IN JANUARY. AND THAT WAS OUR ESTIMATED COSTS OF THOSE SERVICES. IF WE BROUGHT THOSE INTO THE TOWN, AND THAT'S WHAT WE WERE ESTIMATING AT THAT TIME, THOSE NUMBERS HAVE CHANGED SOMEWHAT SINCE THEN, BUT THAT'S WHAT WE WERE ESTIMATING IN, IN JANUARY. THE THIRD COLUMN IS THE MOST RECENT NUMBERS IN THE REASON THAT IT'S NOW 796,000, RATHER THAN THE 785 FOR THE SALARIES IS BECAUSE WHEN WE BROUGHT THOSE 10 EMPLOYEES INTO THE TOWNS, STRUGGLE, SURE. WE HAD TO ADJUST SOME OF THE SALARIES TO PLACE THEM IN THERE, RIGHT PLACE IN THE PAY GRADES. SO THAT ACCOUNTED FOR A LITTLE BIT OF A DIFFERENCE. THEN YOU'LL SEE THE DIFFERENCE IN TEXAS. IT BENEFITS. THOSE ARE SIMPLY DUE TO THE, UH, THE AMOUNT OF THE SALARIES, THE 17,505 IS THIS THE COST OF THE CELL PHONES. THE, UH, PREVIOUSLY THE TWO, UM, CONTRACTORS HAVE PROVIDED THE CELL PHONES FOR THE EMPLOYEES. SO THE TOWN WILL PICK UP THAT CAR. AND THEN YOU SEE THE ONE TIME TERMINATION FEE, 42,000, IT WAS A $500 THERE. AND, UH, AND THEN ALSO WHAT YOU HAVE IN, IN THAT LAST LINE. YEAH, YOUR SAMMIE'S A MANAGEMENT FEE AND THEIR INCENTIVE BONUS. THAT IS THE FYI 19 MANAGEMENT [00:30:01] FEE AND INCENTIVE BONUS. WITH THE REASON THAT WE ADDED THAT IN, IN THIS COLUMN WAS BECAUSE IF WE WERE NOT SUCCESSFUL IN BRINGING THE, IF WE DIDN'T BRING IN THE REAL ESTATE FUNCTION, THEN WE KNEW WE WERE PROBABLY, YOU'RE GOING TO HAVE TO PAY A MANAGEMENT FEE AND INCENTIVE BONUS. WE DIDN'T KNOW WHAT THAT WOULD BE BECAUSE WE HADN'T DONE THE NEGOTIATIONS YET. SO WHAT WE DID WAS WE ADDED THE HIGHEST NUMBER THAT WE DO HAVE BECAUSE WE KNEW IT WOULDN'T BE ANY MORE THAN THAT. UM, AND SO THAT TOTAL AS WELL, MILLION $649, $49,104 AND 94 CENTS. NOW, THE REASON, AND LET ME REMIND YOU THAT THIS WE'RE ONLY TALKING ABOUT, ABOUT PA CALM AND THE FINANCIAL MANAGER HERE, WE ARE NOT TALKING ABOUT THE REST OF THE REAL ESTATE STAFF IN THESE NUMBERS. THAT IS ON THE NEXT SLIDE. SO THE, UH, THE NEXT SLIDE IS POTS TO ONBOARD THE REMAINING REAL ESTATE STAFF. SO THE, UH, WHEN I SAY THE REMAINING STAFF, WHAT I MEAN ARE THE REAL ESTATE MANAGERS AND ARE THE ASSET MANAGER AND THE LEASING MANAGER. UM, REMEMBER THE FINANCIAL MANAGER WHO IS A SAVVY EMPLOYEE HAS ALREADY BEEN ACCOUNTED FOR IN THE COMP NUMBERS. SO A LITTLE OVER $300,000 FOR THE SALARIES, YOU'LL SEE THE BENEFITS, TOTAL CHARGES AND EQUIPMENT. THOSE AGAIN ARE THE CELL PHONES FOR A TOTAL OF $477,116 AND 17 CENTS. SO THEN THIS SLIDE TOTALS THOSE NUMBERS, AND WHAT IS TOTALLING IS THE ONBOARD PAUSE COSTS THAT IT'S GOING TO, THE AMOUNT IT'S GOING TO COST THE TOWN OF MADISON TO ONBOARD THOSE EMPLOYEES. THAT'S THE AECOM EMPLOYEES, THE FINANCIAL MANAGER, AND NOW THE OTHER THREE REAL ESTATE, UH, STAFF MEMBERS AS WELL. SO THESE ARE THE TOOLS. THIS IS ONE OF THE SLIDES WHERE THERE'S A MISTAKE, UM, WHAT YOU HAVE IN BOOK PACKET THAT I DON'T REMEMBER THE, WHAT THE, WHAT THE AMOUNT WAS IN THE PACKET, BUT THE BENEFIT NUMBER WAS NOT THE CORRECT NUMBER IN THAT SLOT 400, 677,190 IS THE CORRECT NUMBER FOR THE BENEFITS FOR THOSE CORRECT ALL OF THE EMPLOYEES. SO THEN YOU SEE THE TOTAL SALARY BENEFITS, TOTAL CHARGES AND EQUIPMENT ARE THE, UH, CELL PHONES AGAIN. AND WE'VE ADDED IN THE TERMINATION FOR CONVENIENCE FEE, CAUSE THAT'LL HAVE TO BE PAID TO A AECOM, UM, AT THE END OF THE YEAR. SO THAT'S A TOTAL OF 1,837,886, $4 AND 10 CENTS TO ONBOARD ALL OF THE AIRPORT STAFF INTO THE TOWNS STRUCTURE. SO NOW THIS SLIDE, UM, HAS SOME SIMILARITIES TO SLIDE 10. UM, BUT WE WANTED TO DO HERE IS WE WANTED TO PROVIDE A COMPARISON OF THE COSTS OF THE AIRPORT OPERATIONS MANAGEMENT AND THE REAL ESTATE FUNCTIONS, UH, AS PROVIDED IN THE FYI 2020 BUDGET. UM, AND THEN COMPARE THAT TO THE COST FOR US TO ONBOARD THOSE EMPLOYEES. NOW, THE REASON THAT WE'RE USING THE THE BUDGET WAS BECAUSE THAT'S WHAT YOU'RE PAYING UNDER THESE CONTRACTS. SO IF YOU HAD, IF YOU CONTINUED THESE CONTRACTS, THIS WOULD BE WHAT YOU, THESE WOULD BE THE COST THAT YOU WOULD CONTINUE. SO WE USE THOSE NUMBERS TO COME HERE THEN TO WHAT, WHAT IT COSTS TO ONBOARD THESE, UH, THESE EMPLOYEES. SO THE FIRST COLUMN OF NUMBERS SHOWS THOSE SERVICES THAT ARE CURRENTLY, UM, PROVIDED BY AECOM FOR THE OPERATIONS AND MANAGEMENT OF THE YEAR PLUS THE FINANCIAL MANAGER. SO THE FIRST COLUMN IS A COMMON ASSIGNED SAMMY FINANCIAL MANAGER. AND THIS IS, THESE ARE THE CAUSE FROM THE BUDGET. SO THOSE ARE DIFFERENT FROM THE WHAT'S IN SLIDE 10. AND AGAIN, THAT'S BECAUSE I'M USING THE BUDGETED NUMBERS RATHER THAN THOSE UPDATED NUMBERS THAT HAD THE MERIT INCREASES. IS IT FEDERAL CHARGES AND INSURANCE, $116,371. THIS IS, UM, A COMS AIRPORT LIABILITY INSURANCE, WHICH IS $72,500 AND THEIR DIRECT CHARGES, WHICH ARE $48,871. SO THAT'S THE TOTAL THERE OF THOSE DIRECT CHARGES AND INSURANCE IN, WHEN WE WERE TALKING ABOUT THIS IN JANUARY, BACK ON SLIDE 10, WE DIDN'T INCLUDE THE AIRPORT INSURANCE LIABILITY INSURANCE COST AT ALL IN THAT. SO THAT ACCOUNTS FOR A LITTLE BIT OF A DIFFERENCE IN THIS LINE AS WELL. AND THEN THE BIGGEST DIFFERENCE IS THE MANAGEMENT FEE AND THE INCENTIVE BONUS, THE $218,333, THAT IS, UH, A COMMS MANAGEMENT FEE. AND THERE BONUS WHAT WE DID ON SLIDE 10 WAS WE COMBINED THOSE. SO WE, WE COMBINED SAMMIES AND EIGHT PALMS TOGETHER TO GIVE YOU A FULL PICTURE OF THAT ON THIS ONE, I'VE SPLIT THEM OUT TO THE TWO, THE TWO COLUMNS. SO THIS IS THE, UH, FYI 20 MANAGEMENT FEE AND THE INCENTIVE BONUS FOR A TOTAL COST OF $1,662,798 AND 64 CENTS. THE SECOND COLUMN IS SOUND 10 COLUMN [00:35:01] OF NUMBERS IS SAMMIE'S COSTS UNDER THE BUDGET. SO THAT'S THE REMAINING SAMMY EMPLOYEES, THE REAL ESTATE MANAGER, THE ASSET MANAGER, AND THE LEASING MANAGER OUT OF THE BUDGET, DIRECT CHARGES AND EQUIPMENT IN THEIR CASE, IS THERE AIRPORT LIABILITY INSURANCE THAT THE TOWN WAS PAYING, UM, AND THEN THEIR MANAGEMENT FEE AND INCENTIVE BONUS. AND THAT IS THEIR FYI NINE, SORRY, APPOINT 20 MANAGEMENT FEE AND INCENTIVE BONUS, NOT THE FYI 19 ONE, UH, WHICH WAS, WHICH WAS MUCH HIGHER THAN THIS ONE. SO THEIR TOTAL COST IS $683,448. AND THEN THE THIRD COLUMN SIMPLY TOTALS THOSE. SO YOU SEE THE TOTALS OF ALL OF THEM. NOW, THE FOURTH COLUMN IS THE TOWN OF ADDISON'S COST TO INSOURCE. ALL OF THOSE POSITIONS. THEN YOU'LL SEE THE, UH, THE SALARIES ARE VERY SIMILAR. UM, THE TOTAL COST IN SOURCE, SO SALARIES BECAUSE WE, WE MAINTAIN THE SALARIES, UH, THE SAME AS THEY WERE. UM, THE BENEFITS ARE A LITTLE BIT LOWER THAN THEY ARE UNDER THE, UM, CURRENT MANAGEMENT CONTRACTS. UM, THE DIRECT CHARGE GOES DOWN QUITE A BIT, $22,005. AND AGAIN, THAT IS THE CELL PHONES FOR ALL OF THOSE EMPLOYEES. 42,500 IS THE TERMINATION FOR CONVENIENCE FEE THAT WE HAVE TO PAY TO AECOM BECAUSE WE TERMINATED THAT CONTRACT TWO YEARS EARLY. SO THAT GIVES A TOTAL COST OF $1,000,837, $884 AND 10 CENTS. AND YOU SAW THAT BACK ON THE PREVIOUS SLIDE, BUT IN ORDER TO GIVE YOU A TRUER PICTURE OF WHAT THE ANNUAL COST TO THE TOWN IS, WE BACKED OUT THAT $42,500, BECAUSE YOU'RE ONLY GOING TO PAY THAT ONE YEAR. YOU DON'T HAVE TO PAY THAT OUT TO THAT. SO THAT GIVES A FINAL COST OF $1,795,384 AND 10 CENTS FOR A SAVINGS TO THE TOWN AND ANNUAL SAVINGS TO THE TOWN OF 550,862. AND THIS IS WHAT'S IN YOUR PACKET IS, IS A LITTLE BIT DIFFERENT BECAUSE OF THAT MISTAKE UP THERE ON THE, ON THE BENEFITS LINE, TOTAL SAVINGS, THAT'S EVERYTHING, THAT'S EVERYTHING. WE KNOW THAT THE BREAKDOWN BETWEEN ECON AND SAMI FOR THAT NUMBER, I DIDN'T GO AND, UM, AND CALCULATE THAT I COULD, I COULD DO THAT. GO BACK TO THE, YEAH, YEAH, I DID. I DIDN'T SEPARATE IT OUT THAT WAY. THAT IS THE TOTAL OF THE, OF THE ENTIRE OPERATION AND THE FOURTH COLUMN TIES TO THE LEDGER PACKAGING. THE FOURTH, THE FOURTH COLUMN DOES NOT TIE TO, UH, WELL, IT DOES TO THE YES, YES. CAN YOU ALSO REMIND US, UH, WITH THE THREE REAL ESTATE EMPLOYEES, HOW MANY TOTAL EMPLOYEES, AIRPORT 14 EMPLOYEES ALTOGETHER? THAT'S RIGHT. SO A LOT HAS HAPPENED SINCE JANUARY. UM, AS YOU CAN SEE, UM, OUR NEXT STEPS IN THIS PROCESS IS TO COMPLETE THE ONBOARDING PROCESS BY THE END OF THIS MONTH. UM, HUMAN RESOURCES DEPARTMENT, AS I MENTIONED, IS UNDERWAY WITH THAT. AND THEN TO PAY COME THE EARLY TERMINATION FEE OF 42,500 AND ANY REASONABLE DEMOBILIZATION COSTS, WE HAVE NOT RECEIVED ANY INFORMATION FROM THEM ABOUT WHAT ANY DEMOBILIZATION COSTS MAY BE. UM, BUT THAT'S THE LAST THING TO BE DONE. AND WITH THAT, I'M HAPPY TO ANSWER ANY QUESTIONS THAT YOU MIGHT HAVE. MR. DAN BENSON IS STILL ON THE LINE. IF YOU HAVE QUESTIONS FOR HIM AS WELL, THERE'S A GREAT NEGOTIATION. SO I THINK IN THE EARLY STAGE, THIS IS A TOM DIDN'T HAVE THOSE TO MANAGE, BUT NOW WITH ALL THE CONVERSION AND ABLE TO DO IT. SO IT'S A BIG SAVINGS, SAVE THE TOWN MORE THAN HALF A MILLION DOLLARS EVERY YEAR. SO I THINK THIS IS A GREAT JOB, I THINK, TO JUST GOOD CHANGE, THE PRIDE THAT THE EMPLOYEES HAVE TO SAY, YOU KNOW, I WORKED FOR THE TOWN OF MADISON INSTEAD OF, YOU KNOW, OH, DOT.DOT. AND I REALLY WORKED FOR THIS OUTSIDE AGENCY. I MEAN, IT'S, IT'S A SMALL THING, BUT IT'S JUST A SOURCE OF PRIDE. THEY'RE EXCITED TO COME ON BOARD. GREAT. AND SO MAINLY THE CHANGES, THE THREE SAMMY EMPLOYEES. YES. BUT WHAT YOU SAW IN JANUARY. YEAH. FROM WHAT WE PREVIOUSLY SIGNED AND, AND WE WOULD MAKE THIS DECISION WHEN WE, IF WE APPROVE THE BUDGET AS PREP. YEAH. I APPLAUD. [00:40:01] YEAH. THANK YOU. GOOD JOB. YOU KNOW, TIMING IS EVERYTHING, YOU KNOW, BACK IN THE OLD DAYS, YOU HAD 2000 FLOWERS ON BOARD IS CONCEPT TO EVERYBODY, COMPOUND EVERYTHING. YOU KNOW, THAT'S JUST THE BEGINNING, YOU KNOW, THE PALM TOOK OVER, HI, THE MANAGER OF THE COMPANY. EVERYBODY I'M NOT, NOT USED TO IT. SO I'M ON A BAG OF THEM WILL WORRY ABOUT THEY WILL LOBBY EVERY CITY COUNCIL AND THE MAYOR, YOU KNOW, THAT MAKES IT EVEN MORE DIFFICULT TO HANDLE. SO NOW WE DON'T HAVE THIS CONCERN, SO THAT'S GOOD CHANGE. GOOD. ALL RIGHT. ANY MORE QUESTIONS? ALL RIGHT. THANK YOU, LISA. I USED TO THERE. THANK YOU. THANK YOU. ALL RIGHT. [3. Present and Discuss the Format for the Town Meeting on October 26, 2020.] I TELL THEM NUMBER THREE, IS THAT DISCUSS A FORMAT FOR THE PALM, MAYBE OCTOBER 26TH, 2020? I HAVEN'T SURE THE QUESTION THAT I HAD, AND I MENTIONED IT TO MARY JUST BEFORE THE MEETING STARTED, WAS GIVEN THAT A VACCINE IS UNDER HORIZON. I WONDERED IF WE SHOULD PIN HAVING A MEETING, A TOWN HALL MEETING UNTIL SAY JANUARY, BECAUSE IT'S SO MUCH MORE EFFECTIVE. I MEAN, FOR ME, IT'S, IT'S THE FACE TO FACE AND IT'S THE QUESTIONS. I JUST QUESTION HOW EFFECTIVE THIS WOULD BE IS A ZOOM TOWN HALL MEETING. SO I PUT FORWARD AS AN IDEA. WE WANT TO WAIT AND DO THIS SAY IN JANUARY. YEAH. I ECHO THIS, YOU KNOW, LIKE HE SAYS, UH, MOST OF OUR CITIZENS SHOW UP ON WHAT ELDER, AND THEN WE REALLY DON'T HAVE A SUCH BIG ROOM FOR, YOU KNOW, A HIGHER DISTANCE. AND THEN IF YOU HAVE A ROOM, THERE'S ONLY TIME WE'RE MEETING. IT JUST FEEL DIFFERENT. JUST LIKE WE HAVE READING TOGETHER WOULD FEEL MUCH BETTER. RIGHT. WE CAN COME AND MAKE IT SO MUCH BETTER. SO, UM, I ACTUALLY SUGGESTING A WAY AND TO, UH, ALL THE FILING IS DONE SOMETIME FEBRUARY. YEAH. BECAUSE MADE START TO RECEIVING THE FILE COUNCIL CANDIDATES FIGHTING. SO I WOULD SUGGEST, YOU KNOW, UNTIL SOMETIME AFTER THAT, LET'S SEE, I HAVE TO SEE IF THERE'S A VACCINE. SO NORMALLY WE DO TWICE A YEAR, RIGHT. IT'S SPRING AND THE FALL. SO IN THIS CASE, WE JUST CONSOLIDATE THAT INTO ONE BEARABLE, FEBRUARY OR MARCH SOMETIME. WHAT'S THE THOUGHT BEHIND WAITING TIL FILING IS OVER. IS THAT WHAT YOU WERE? YEAH, I THINK THAT THEN WE CAN MAKE APPROPRIATE ALLOWANCE, YOU KNOW, WHO ARE MOANING. AND I THINK IT'S BETTER. IS THERE A REASON WHY I'M NOT JUST PLAYING ON THE SCREEN? THAT'S ME, YOU KNOW, THAT'S, THAT'S, THAT'S FINE FOR ME. THAT'S ANOTHER WAY TO LOOK AT IT. IT'S JUST, OR THERE'S TOLD, YOU KNOW, WE'RE GOING TO PASS ON THIS. WE MIGHT BE ASKED ON THE ONE IN APRIL FOR THE SAME REASON. THAT'S FINE FOR ME. WE'LL JUST DO IT AND JUST DO IT AROUND THE SAME MIRACLE TIME HERE OR DECIDE WHEN THE COUNCIL REVIEWS THE CALENDAR FOR THE QUARTER. SURE. CAN WE PUT SOME CITIZENS TO HAVE SOME COMMUNICATION AT THAT TIME? IT'S PROBABLY RESIDENTS THAT ARE GONNA, UH, LOOKING FORWARD TO THAT TIME AND THEY'RE STILL GONNA KNOW YOU'RE STILL GOING TO BE HEARD. SO MAYBE THERE'S A PLATFORM THAT WE CAN PROVIDE OF SOME TYPE. ARE YOU TALKING ABOUT IN OCTOBER OR ARE YOU TALKING ABOUT, PLEASE CLARIFY, WHAT YOU WERE TALKING ABOUT HERE IS TO MOVE THE DATE. WHAT I AM SAYING IS, ARE TRYING TO SAY THIS, OUR RESIDENTS ARE KIND OF LOOKING FOR IT THAT REGULAR TIME TO KNOW. NORMALLY WE NORMALLY WE SELL IT A NOTIFICATION AS ON THE CARD TWICE. SO I THINK MUCH ADEQUATE THEN. SO AS FAR AS NOTES, LIKE LETTING PEOPLE KNOW WHEN A MEETING WOULD BE PRETTY EASY TO TAKE ADVANTAGE OF, OR TAKE TO TAKE CARE OF WHAT I THINK I HEAR YOU SAYING COUNCIL MEMBER KEITH AND HE HAD, IS THAT, IS THERE A WAY IN THE ABSENCE OF A TOWN MEETING TO GIVE RESIDENTS SOME KIND OF A FORUM COMMITTEE [00:45:01] PROVIDE SOME KIND OF COMMENTS TO THE TOWN ABOUT WHATEVER THEY WANT. THIS IS THE TIME WE USUALLY HAVE OUR MEETING, PLEASE COME AND VISIT THE TOWN WEBSITE AND MIXED COMMENTS. AND WE'LL CONSIDER REVIEWING THAT PERHAPS AT A MEETING OR WHAT ARE THE CONSOLE COMMS MEETING SO THAT WE CAN GET SOME INPUT AT THAT TIME OF THE YEAR OF THE RESIDENCE. JUST THINKING OUT LOUD. I WAS THINKING, UM, THE FIRST THOUGHT I HAD WAS WHY WE ARE SO OPEN TO COMMENTS AS A, AS A TOWN. THE TOWN IS ALWAYS RECEPTIVE TO COMMENTS AND IT'S KIND OF AN OPEN DOOR POLICY. I DON'T THINK ANYONE THAT I KNOW OF FEELS THAT THEIR VOICE ISN'T HEARD, UH, THAT BEING SAID, YOU KNOW, MAYBE WE COULD CONSIDER DOING SOMETHING AND THIS MIGHT BE TOO MUCH OF AN EXPENSE, BUT MAYBE IN LIEU OF DOING THE, LET'S SEE WE'RE GOING TO MISS THE FALL. WHEN, IF WE DON'T DO THE FALL, MAYBE DO A COLLECTIVE VIDEO. YOU KNOW HOW, WHEN WE DO THE TOWN HALL MEETING, YOU KNOW, THE DIFFERENCES, JUST THE ANSWERS AT THE END, BUT MAYBE WE DO SOMETHING AMONGST THE COUNCIL MEMBERS WHERE WE KIND OF ARE, YOU KNOW, MAKING SOME OF THE ANNOUNCEMENTS THAT WE WOULD MAKE DURING A TOWN HALL MEETING. SO WE'RE ACTUALLY EDUCATING THEM. AND THEN, UM, DOES MAYBE KIND OF MAKING SOME LIGHT OR FUN, YOU KNOW, TYPE OF THING, CONSIDERING EVERYONE IS DOWN, YOU KNOW, WITH COVID AND EVERYTHING SHUT DOWN. MAYBE THAT WOULD BE AN ALTERNATIVE AND I WOULD BE MORE ANNOUNCEMENT ORIENTED. SO YOU'RE NOT TALKING ABOUT A ZOOM MEETING. YOU'RE TALKING ABOUT JUST A VIDEO OF A PRESENTATION. IF YOU'RE VIDEO, YOU FEEL LIKE YOU'RE VETTED IN THE NEWSLETTER OR SOMETHING WHERE, YOU KNOW, NOT LIKE A SKIP FOR THAT OR SOMETHING, BUT I MEAN, THAT'S A LOAN. I'M NOT TALKING ABOUT THAT, BUT I MEAN SOMETHING WHERE WE'RE, YOU KNOW, ANNOUNCING THAT WE WANT TO PROTECT OUR COMMUNITY DURING THIS TIME AND KIND OF, YOU KNOW, UPDATES AROUND WITHOUT THE CONTEXT OF HOW WE HAVE, UM, JUST, YOU KNOW, HOW WE HAVE TAKEN CARE OF OUR COMMUNITY DURING THIS TIME, HOW WOULD YOU PLAN CONTINUE DOING THAT? THESE ARE THE KIND OF THE CHANGES WE'VE SEEN AND SOMETHING TO THAT EFFECT. WE'VE HAD MEETINGS WHERE I REMEMBER TOM WAS OUT OF TOWN ONE TIME AL ANGEL WAS OUT OF TOWN, BUT THEY MADE A VIDEO PRESENTATION. WE SHOOT YOUR VIDEO DURING THE MEETINGS, SEVEN, SEVEN VIDEOS, RIGHT? YEAH, I KNOW. I KNOW. IT'S YEAH. SO I WAS THINKING, AND I KNOW IT MIGHT BE SOME WORK, BUT YOU KNOW, MAYBE WE COULD MAKE IT, YOU KNOW, A LITTLE BIT OF LIGHT HUMOR, YOU KNOW, WHAT DO YOU MEAN? YOU KNOW, THERE'S NO TOWN HALL MEETING AND WE COULD KIND OF BOUNCE OFF OF EACH OTHER OR SOMETHING. WE COULD GET WATER TOWER THEATER INVOLVED. I THINK IT'S GOING TO BE, I THINK THAT'S, THAT'S GOING TO BE AN EXPENSE TO DO THAT. I HAD AN IDEA. WE USUALLY SIT AROUND HERE, GO, OKAY, WHAT TOPICS DO WE WANT TO TALK TO THEM ABOUT? WHAT IF WE POSTPONE IT? CAUSE RIGHT NOW WE CAN'T DO IT. THE GATHERING SIZE IS TOO SMALL, RIGHT? I MEAN, RIGHT NOW WE'RE STILL COULDN'T DO IT. UM, BUT WHAT IF WE SAID SOMETHING OUT AND SAID, HEY, YOU CAN'T HAVE OUR, WE'RE NOT GOING TO HAVE OUR FALL MEETING WHEN A POSTPONEMENTS, GIVE US YOUR IDEAS ON WHAT YOU'RE INTERESTED IN HEARING ABOUT. BECAUSE, BECAUSE NORMALLY WE SIT AROUND HERE THINKING, WELL, PEOPLE WANT TO HEAR ABOUT THIS, THIS AND THIS, BUT DO THEY REALLY WANT TO HEAR ABOUT THAT? YOU KNOW WHAT I MEAN? WHAT, WHAT'S THE HOT TOPICS NOW WE MIGHT BE COMPLETELY DIFFERENT OR WALKING NORTH. AND WE DO A LOT OF THE SAME STUFF OVER AND OVER AGAIN. PEOPLE WANT TO KNOW ABOUT, I MEAN, THERE'S IMPORTANT STUFF, DEVELOPMENT, AND MAYBE THEY WANT TO KNOW, I DON'T KNOW WHAT OUR PLANS ARE WITH CODE, BUT WHAT, I MEAN, I DON'T KNOW, JUST MAYBE ALMOST LIKE A LITTLE SURVEY IN LIEU OF DOING THIS ONLINE THING IN LIEU OF DOING THING OCTOBER. CAUSE THAT'S MEAN THAT'S RIGHT AROUND THE CORNER. WE'LL NORMALLY HAVE IT. AND THEN PUSH THAT BACK UNTIL AFTER THE HOLIDAYS, SOMETIME LIKE AFTER THE FIRST AND PRESENT THAT MATERIAL THEN YEAH. AND THEN WE HAVE A LIST OF STUFF AND THEN, THEN WE DECIDE EXACTLY WHAT THAT DATE IS. WHETHER IT'S JANUARY OR APRIL, I DON'T DOESN'T MAKE ME ANY DIFFERENCE. I LIKED THAT. I LIKE, I LIKE, I LIKE ANYTHING THAT HAS TO DO WITH, YOU KNOW, ACTIVE LISTENING AND GETTING FEEDBACK. I STILL LIKE THE IDEA OF A VIDEO. MAYBE NOT US, MAYBE HERE I AM AMERICAN TODAY. MAYBE IT'S SOMEONE FROM THE TOWN, YOU KNOW, COULD, UH, STATE POSSIBLE HAVING THE TOWN HALL AND ROLLING OUT THIS KIND OF IDEA. SOMETHING W WHERE IT'S NOT JUST MAYBE THAT MAYBE THAT'S HOW YOU INTRODUCE IT. SO PEOPLE KNOW [00:50:01] TOWN HALL MEETING THIS YEAR, BUT WE'VE GOT A LITTLE, LIKE A LITTLE THEATER ON OUR WEBSITE THAT WE WOULD LIKE TO HEAR WHAT YOU'D LIKE, LIKE THE POCKET OR WHAT YOU'D LIKE TO HEAR AT THE NEXT TOWN HALL MEETING. AND, YOU KNOW, BASICALLY THE STATE OF THE TOP, RIGHT. GLOBALLY. THAT'S AN AMAZING STATEMENT. AND THEN OVER THE YEARS, BECAUSE I ALWAYS CONDUCTED BY MYSELF, VERY LENGTHY IS IT'S A LOT OF ONE HOUR. SO I LIKE YOU TO SHARE THIS. SO, YOU KNOW, MAKING IT MORE VIVID, MORE FUN. SO THAT'S THE REASON WE FIND DIFFERENT SUBJECTS TALK ABOUT. AND THEN I WOULD SUGGEST, YOU KNOW, INSTEAD OF JUST SOLICITING THE QUESTIONS, JUST THINK ABOUT PART OF WHAT I'VE DONE OVER THE WHOLE YEAR, SINCE WE DIDN'T DO THIS YEAR AT ALL. SO WE DIDN'T DO NOT DOING APRIL. SO I'M NOT GOING TO DO IN OCTOBER. IF SO, WHAT I HAVE HAD HAPPENED THE WHOLE YEAR, IT SHOULDN'T BE ALLOWED TO TALK ABOUT, YOU KNOW, THAT, THAT'S WHAT I FEEL INSTEAD OF YOUR GOAL ASK, WHAT DO YOU WANT HER TO KNOW? STEP ONE, WE HAVE DONE ALL. YOU NEED TO ASK OTHER PEOPLE. THAT'S MY POINT. YOU KNOW, SO WE HAVE DONE SO MUCH THIS YEAR. SO PEOPLE WOULD LIKE TO KNOW WHAT WE HAVE DONE IT. SEE WE RECEIVE IT ANOTHER AAA BOND RATING CONFIRMATION. WE SEE ALL THIS OTHER NEW, A FIRE ENGINE. WE'VE GOT SO MANY GOOD NEWS. WE RECEIVED SOME FUNDING FOR COVID-19 AND WE RECEIVE A LOT OF DIFFERENT CONTRIBUTION DONATIONS FROM DIFFERENT COMMUNITY. SO THEY ARE NOT STUFFED. JUST, YOU KNOW, JUST SPEAKING AS A, AS AN ADDISON RESIDENT, YOU KNOW, DURING THIS COVID CRISIS, IT SEEMS LIKE THERE'S BEEN SO MUCH, THAT'S BEEN DOWN AND NEGATIVE. AND WHEN YOU LOOK UP AND YOU LOOK AROUND AND YOU CAN SEE THAT THE TOWN LANES, THE FRESH POSITIVE ATTITUDE, YOU SEE, YOU SEE SIGNS, YOU SEE THINGS THAT SORT OF, IT INVIGORATES THE COMMUNITY AND IT MAKES THEM FEEL A SENSE OF VIBRANCE. AND THAT MAKES THEM FEEL LIKE THEIR COMMUNITY IS NOT DYING. YOU KNOW, YOU KNOW, OUR COMMUNITY IS ALIVE. AND TO THAT END, IT SEEMS TO ME LIKE WE COULD DO SOMETHING THAT'S COMPACT AND CREATIVE AND IT'S NOT EXPENSIVE. MAYBE THE MAYOR OR YOU, OR, YOU KNOW, SOMETHING THAT WE COULD, YOU KNOW, PRESENT IN LIEU OF HAVING THE BIG PRODUCTION WITH ALL OF US, GO AND ANSWER QUESTIONS. THAT IS SOMETHING THAT FLIES IN FORMATION WITH OUR MARKETING THAT MAKES ADDISON SUCH A FUN, YOU KNOW, WONDERFUL PLACE TO LIVE. AND IT SEEMS TO ME THAT IF WE JUST GONNA, YOU KNOW, I DON'T KNOW, SKIP IT, BUT MAYBE THERE'S SOMETHING IN BETWEEN THAT WE CAN DO. THAT'S NOT A HUGE EXPENSE. INTERESTING. I WAS PICKING UP IN THAT SPIRIT. THAT WAS WHERE I WAS COMING FROM. PARTLY IT'S LIKE, OKAY, WE'RE CELEBRATING, WE'RE COMING OUT OF IT. THERE'S A BIG ANNOUNCEMENT THAT, OKAY, WE'RE BACK, WE'RE DONE. WE'RE DONE. THAT WOULD BE PICKING UP IN THAT POSITIVE SPIRIT. IT WILL HAPPEN. HOPEFULLY THE NEXT TWO MONTHS WILL BE A LOT OF NEGATIVITY. IT'S AN EDUCATED GUESS. WELL, DO WE WANT TO HAVE A CONSENSUS ON SOMEWHERE SOMETIME? WOULDN'T YOU? WELL, YOU KNOW WHAT? WE KIND OF PASS ON THIS ONE, LOOK TOWARDS APRIL. AND THEN I THINK THE TIMING IS ALWAYS GOOD. THE WEATHER'S GOOD TOO GENERALLY, AND PEOPLE GETTING OUT, BUT YOU KNOW, TO YOUR POINT MAYOR ABOUT THAT HUMAN INTERACTION AND YOU CAN'T DO THAT MORALITY, EVEN IF, EVEN IF NOVEMBER, THERE IS A VACCINE, IT'S GOING TO TAKE A LONG TIME TO GET THAT THROUGH, THROUGH THE POPULATION. SO REALLY PROBABLY THE LATER IN THIS PLANE IS PROBABLY MORE LIKELY TO HAVE MORE PEOPLE BE ABLE TO SHOW UP, CAN COME IN JANUARY AND BE LIKE, EVERYBODY GO OFF, MAKE IT THE TARGET NOISE ALWAYS, IS [00:55:01] THIS A FULL TIME MEETING THEN THE WAY WE DO IT NEXT APRIL. YEAH. BY THE TIME VACCINE CANADA COMING UP THIS YEAR, IT TAKE AT LEAST SEVERAL MONTHS FOR PEOPLE TO RECEIVE IT. SO IT STINKS. YEAH. WE WERE JUST ON THE CUTE JOB TOO, WITH THE, YOU KNOW, WE CANCELED, HOW DID THEY CANCEL EVERYTHING PRETTY MUCH? AND WITH THE WORST WITH THE GERMAN, WITH THE OKTOBERFEST, IS THIS JUST THE WORST? W R S T AND YOU KNOW, IT DOESN'T, MAYBE THERE'S SOMETHING WE CAN INSERT INTO THE TELLER NEWSLETTERS AND VIDEOS THAT'LL BE DONE THE END OF THIS MONTH. SO THAT'D BE A FUN THING THAT WE WILL BE SHARING. AND MAYBE SOMETHING WE, CAN YOU TALK ABOUT ED VIDEO? UM, THOSE ARE DIFFERENT. WE ACTUALLY HAVE TOURISM VIDEOS THAT WE'RE WORKING ON AS WELL. SO WE'VE GOT BOTH THE BOTH ECONOMIC DEVELOPMENT ONES AS WELL, BUT JUST MORE OF THE RAW WE'LL BE THE MENTORS. SO WE CAN TALK ABOUT, UM, SURVEY, NO SURVEY. OKAY. YEAH. THAT'S QUITE A WAVEFORM PEOPLE KNOW. SO, UH, UH, THAT WAS SO MANY THINGS HAPPENING. SORRY, PEOPLE PASSING BY EDISON ALWAYS ASK ME. I'M SORRY. SO, YOU KNOW, THERE ARE SO MANY THINGS YOU CAN TELL PEOPLE, SO IT WILL HAVE BEEN OVER A YEAR HERE IN THREE MONTHS. YEAH. ALL THE TIME THE COVID-19 HAS GONE. BACKSEAT IS ALL, YOU KNOW, I MEAN, BECOME A LIVE AGAIN. ABSOLUTELY. RIGHT. SO WE HAVE CONSENSUS FOR THE COMM MEETING SCHEDULED FOR NEXT APRIL. RIGHT. SO, UH, BEFORE DYING, THEN WE STILL THREE MINUTES. SO WE TAKE A BREAK, COME BACK, START AT SEVEN 30. ALRIGHT. UH, BEFORE WE [ Announcements and Acknowledgments Regarding Town and Council Events and Activities Discussion of Meetings / Events] START OUR MEETING, I LIKE TO INVITE ALL CITY MANAGER WEST PEARSON TO MAKE SOME A LOSS. THANK YOU, MAYOR AND COUNCIL. GOOD EVENING. UH, JUST A COUPLE OF ANNOUNCEMENTS FOR TONIGHT. UM, ON WEDNESDAY, SEPTEMBER 1ST, DALLAS COUNTY LOWERED ITS COVID RISK LEVEL FROM RED, OR STAY HOME, STAY SAFE TO ORANGE, WHICH MEANS EXERCISE EXTREME CAUTION FOR THE FIRST TIME, SINCE MAY, THIS DECISION FOLLOWS A DECREASE IN HOSPITAL AND ICU ADMISSIONS OVER THE PAST FEW WEEKS AND IS A POSITIVE TREND IN THE RIGHT DIRECTION. AS A REMINDER, GOVERNOR ABBOTT, UH, HIS EXECUTIVE ORDER, UH, REQUIRING ALL TEXANS TO WEAR A FACE COVERING OVER THE NOSE AND MOUTH IN PUBLIC SPACES IS STILL IN EFFECT AND THE TOWN FACILITIES ARE STILL OPERATING AT OR UNDER MINIMUM HEALTH STANDARD PROTOCOLS OUTLINED BY STATE OFFICIALS IN AN EFFORT TO HELP, UH, SAFELY SERVE OUR RESIDENTS. THAT MEANS THAT SERVICES ARE STILL BEING OFFERED VIRTUALLY AND IN PERSON SERVICES ARE AVAILABLE. BUT WE ASK THAT, UH, RESIDENTS PLEASE, UH, SET AN APPOINTMENT, UH, FOR THOSE, UH, SERVICES. UH, THERE IS, UH, I WANTED TO PROVIDE A BRIEF UPDATE ON THE 2020 CENSUS. UH, IT IS STILL ONGOING AND WILL GO AT LEAST AT THIS POINT. AND SO THE END OF THE MONTH IS SEPTEMBER THE 30TH. UM, UH, SO THERE'S STILL TIME TO BE COUNTED. COMPLETING THE CENSUS IS QUICK, EASY AND IMPORTANT. UH, WHILE EVERYBODY'S PRACTICING PHYSICAL DISTANCING AT HOME, WE ENCOURAGE EVERYBODY TO TAKE A FEW MINUTES AND FILL OUT THE CENSUS. YOU CAN DO THAT ONLINE. YOU CAN DO THAT, UH, BY MAIL OR TELEPHONE AS WELL. AND IF YOU WANT TO DO IT ONLINE, IT'S THE WEBSITE IS WWW.MY 2020 CENSUS.GOV. AND AS OF LATE JULY ADDISON'S RESPONSE WHERE THEY WAS JUST UNDER 56%, UH, THE CURRENT U S RESPONSE RATE IS 65 AND A HALF PERCENT. THE CURRENT TEXAS STATE OF TEXAS RESPONSE RATE IS 61%. AND WE DID TRY TO CHECK ADDISON'S MOST RECENT RESPONSE RATE, UH, BUT WE WERE UNABLE TO GET BETTER WEBSITE FUNCTION TO TELL US THAT INFORMATION. SO WE'RE, UH, WE'RE USING THE NUMBER WE HAD BACK IN LATE JULY. SO, UH, ALSO, UH, THE LAST ADDISON WEEKEND DRIVING CONCERTS ARE SCHEDULED FOR FRIDAY, SEPTEMBER 11TH AND SATURDAY, SEPTEMBER THE 12TH IN THE ADDISON CIRCLE. UH, THE DISTRICT, ANYBODY CAN SIT IN THE BED OF THEIR TRUCK OR IN THE BACK OF THEIR SUV OR IN THEIR CAR AND ENJOY MUSIC FROM THE COMFORT OF THEIR VEHICLE. ADMISSION IS FREE AND CONCERTS BEGIN AT 8:30 PM. AND IF ANYBODY WOULD LIKE MORE INFORMATION ABOUT THIS EVENTS, THESE EVENTS, EXCUSE ME, UH, THEY CAN GET MORE DETAILS AT WWW DOT ADDISON, TEXAS.NET [01:00:01] FOR SUCH DRIVING. AND THEN FINALLY, UM, UH, IT IS, UH, WITH MIXED EMOTIONS THAT I WANT TO SHARE WITH THE COMMUNITY THAT, UM, TONIGHT WILL BE CHARLES GOUGH'S LAST CITY COUNCIL MEETING WITH US. UH, CHARLES KOFF HAS ACCEPTED A POSITION TO SERVE AS AN ASSISTANT TOWN MANAGER FOR THE TOWN OF SUNNYVALE, TEXAS. SO NOT TOO FAR TO THE EAST OF US, WHICH MEANS THAT HE IS ON TO A NEW ADVENTURE AND WE ARE RELUCTANTLY VERY HAPPY FOR HIM. WE WISH HIM ALL THE BEST. HE'S GOING TO DO A GREAT JOB THAT HE'S DONE AN AMAZING JOB HERE IN ADDISON. AND I WANT TO THANK HIM AND HIS FAMILY FOR ALL THAT THEY'VE DONE TO CONTRIBUTE TO WHERE WE ARE TODAY AND WE WILL MISS IT, BUT WE WILL SOLDIER ON AND, UH, LOOK FORWARD TO SEEING HIS SUCCESS AS WE ENJOY OURS AS WELL. SO THAT IS, UH, THOSE ARE ALL MY HOUSES FOR THIS EVENING THERE. THANK YOU, CHARLES. YOU KNOW, IF YOU NEED TO KNOW SOMETHING OVER SUNNYVALE, YOU KNOW, WHOM TO ASK THE RIGHT QUESTIONS. ALL RIGHT. THANK YOU. [ Public Comment The City Council invites citizens to address the City Council on any matter, including items on the agenda, except public hearings that are included on the agenda. Comments related to public hearings will be heard when the specific hearing starts. Citizen comments are limited to three (3) minutes, unless otherwise required by law. To address the Council, please fill out a City Council Appearance Card and submit it to a staff member prior to the Public Comment item on the agenda. The Council is not permitted to take any action or discuss any item not listed on the agenda. The Council may choose to place the item on a future agenda.] SO PUBLIC COMMENT AND OR AM I JUST GIVE ME A CAR, WHICH IS ALL THE FUN LIZ, IF YOU'D LIKE TO JUST GO THERE AND SPEAK WITH THE MICROPHONE, IT'S RIGHT THERE BEHIND YOU. I WAS INSTRUCTED TO GO OVER HERE. OKAY. YOU COULD TAKE THAT MELTABLE INSTRUCTIONS. I WAS JUST READING THE DIRECTIONS FOR PUBLIC SPEAKERS, AND IT SAYS THAT YOU'RE NOT SUPPOSED TO MAKE PERSONAL AND SLANDEROUS COMMENTS, BUT THAT'S SORT OF WHAT I'M HERE TO TALK ABOUT TODAY. THE PURPOSE OF THE PUBLIC COMMENT SECTION OF COUNCIL MEETINGS IS TO GIVE TAXPAYERS AN OPPORTUNITY TO SPEAK DIRECTLY TO MEMBERS OF THE COUNCIL ON ISSUES THAT ARE CONCERNED TO THEM. IT'S VERY UNFORTUNATE WHEN RESIDENTS USE TIME TO PARADE A COUNCIL MEMBER ABOUT ENTERING IT INTO THE OFFICIAL RECORD, PERSONAL ATTACKS ON INGREDIENTS WAS GRAVY INSISTS WITH A SPECIFIC COUNCIL MEMBER WHILE EVERYONE HAS THE FREEDOM TO SPEAK HIS OR HER MIND ON ANY ISSUE. THIS PUBLIC FORUM, NOR THE TOWN, SOCIAL MEDIA PAGES ARE THE APPROPRIATE PLACES TO PURSUE INDIVIDUAL ATTACKS. I SUSPECT THAT THE PERSON DOING THIS IN TN IS TO DAMAGE THE INDIVIDUAL COUNCIL MEMBER, BUT I THINK IT WINDS UP HAVING THE OPPOSITE EFFECT. RATHER THEIR OWN CREDIBILITY IS DAMAGED. AND SOMETIMES THAT, UH, THE COMMENTS ARE QUITE REALLY CALLED OUT ON SOCIAL MEDIA PAGES AND WITH VERY UNPLEASANT REBUILT RESULTS, PEDDLING FALSE ACCUSATIONS IS DESTROYS THE CROWED CREDIBILITY OF THIS PERSON IN THE COMMUNITY AT LARGE. AND IT IS SAD THAT THEY DO NOT RECOGNIZE THAT THEIR MISUSE OF TOWN, SOCIAL MEDIA PAGES AND THE COUNCIL PUBLIC COMMENT ARE NOT EFFECTIVE AND DAMAGING THE REPUTATION OF THE COUNCIL MEMBER OR OF THE TOWN. I DON'T KNOW. THANK YOU FOR YOUR ATTENTION IS ALRIGHT. LET'S GO TO [ Consent Agenda All items listed under the Consent Agenda are considered routine by the City Council and will be enacted by one motion with no individual consideration. If individual consideration of an item is requested, it will be pulled from the Consent Agenda and discussed separately.] CONSENT. AGENDA ITEM NUMBER FOUR, FIVE SIX, SEVEN, EIGHT, NINE, 10. AND I WAS INSTRUCTED. I TELL YOU ON THE SIXTH, IT WILL BE FULL. SO LET'S GO ON. I MENTIONED THIS, MARY, I WOULD LIKE TO PULL OUT A NUMBER SEVEN, ALSO THE SEVENTH. YES, MAYOR AND COUNCIL, UH, AFTER RECEIVING THE, THE AISLE, THE INTER-LOCAL AGREEMENT FROM, UH, DARK, THEY INITIATED A, ANOTHER ROUND OF REVIEW INTERNALLY AND THEY INFORMED THE TOWN THAT THEY HAD TO MAKE A COUPLE OF ADDITIONAL CHANGES. THEY WERE ONLY REPORTED TO BE PARAMEDICAL AND FORMATTING, BUT STAFF HAS NOT BEEN ABLE TO REVIEW THAT. SO MY, UH, AT STAFF'S RECOMMENDATION, MY RECOMMENDATION IS TO JUST TABLE THIS ITEM NUMBER SIX UNTIL THE NEXT COUNCIL MEETING, WHEN WE CAN TAKE A LOOK AT WHATEVER THOSE ROMANTICAL AND FORMATTING CHANGES ARE SO THAT WE CAN BRING SOMETHING THAT'S FINAL TO THE COUNCIL. OH, I THINK YOU [01:05:01] STILL DO. I HAVE A MOTION FOR 12 FOUR, FIVE EIGHT, NINE, 10. I WOULD LIKE TO MOVE TO APPROVE FOUR, FIVE, EIGHT, NINE, AND 10 AND TABLE ITEMS SIX. SO I HAVE A SECOND AND EMOTION FOR THE TOWN. SECOND PHONE, LAURIE, ALL IN FAVOR TO APPROVE THOSE FIVE ITEMS, SAY, HI, I APOLOGIZE. ALRIGHT. I [7. Consider Action on a Resolution to Approve the Third Amendment to the Concourse Plaza II LTD., Ground Lease for the Property Located at 16051 Addison Road at Addison Airport, and Authorize the City Manager to Execute the Agreement.] TEND NUMBER SEVEN, MODERN WEST. WE'RE GOING TO HAVE A PRESENTATION OR 107. OR DO YOU WANT ME TO JUST START THE DISCUSSION? WE DON'T HAVE A PRESENTATION. WE CAN CERTAINLY ANSWER ANY QUESTIONS. OKAY. YEAH, NO, THE REASON, THE REASON I PULLED THIS IS, UM, TWO YEARS AGO. YEAH. TWO YEARS AGO, THE SAME COUNCIL AGREED TO A 30 YEAR LEASE EXTENSION, UM, WITH THIS TENANT. AND, UM, AND I JUST DON'T SEE WHY, WHY IT MAKES SENSE TO APPROVE AN EXTENSION FOR, FOR SIX MORE YEARS RIGHT NOW, RATHER THAN, UH, WAIT UNTIL WE'RE CLOSER TO THE, UH, THE END OF THE TERM, WHICH IS WAY OUT IN 2054. AND I THINK IF WE DO, UM, I THINK WE'RE GOING TO START A BAD PRECEDENT OF OTHERS, UM, ASKING FOR SIMILAR ASS. SO THAT'S, THAT'S MY THOUGHT BEHIND PULLING ASIDE ANSWERED ANY QUESTIONS I MIGHT HAVE. THAT'S FINE. THE QUESTIONS COMING ON THIS, AS THAT REVEALED THIS, WHAT HAPPENED IS THEY FULFILLED AND THEY INVESTED $1.5 MILLION AS A PUMP. THEY PROMISED TO RENOVATE THIS COTTON PLUS PLAZA. AND THEN, UM, THEY LIKE TO KEEP A LONGER LEASE. SO, UM, AND ALL THE STANDARD WAY OF THAT BEFORE. UH, BUT THEY COMPLETED THE JOB. SO I BELIEVE THERE'S A REASON AND I DON'T KNOW, WHAT'S THE REASON THEY WANT TO EXTEND SIX YEARS. YOU KNOW, I HATE TO GUESS, BUT, UH, I ALWAYS AGREED THAT AS A REASON, THEY WANT TO EXTEND THE SIX YEARS, WELL FOR FUTURE, UH, YOU KNOW, FOR THE FUTURE, YOU KNOW, WHETHER THEY WANT TO SELL THIS PLACE OR SUBLEASE TO SOMEBODY, IT MUST BE SOMETHING THAT'S ASKED TO BE A DIET. SOMEBODY KNOWS, SOMEBODY KNOWS IS CERTAINLY THERE. I THINK THERE'S MULTIPLE PEOPLE THAT CAN ANSWER THAT QUESTION. BUT ARE YOU PREPARED TO ANSWER SOME OF THESE QUESTIONS OR SOME OF THE THINGS THAT WERE MENTIONED? GOOD EVENING, LADIES AND GENTLEMEN, UH, COUNCIL, UH, THEY'LL HIRE A REAL ESTATE MANAGER. UM, WE BROUGHT THIS ITEM TO THE COUNCIL FOR THEIR CONSENT, UM, UH, THE TENANT, WHICH IS CONCOURSE PLAZA TO A PARTNERSHIP OF, UM, UH, THE ARMSTEAD INVESTMENT GROUP, WHICH IS A, UM, CITY BUSINESS AND A LONG TIME TENANT TO THE AIRPORT. UH, AND, UM, UH, WHEN THEY FIRST PROPOSED TO US BACK IN, UH, 2018 WITH THIS, UH, PLAN TO RENOVATE AND IMPROVE THIS, THE BUILDING THAT'S SITTING ZERO BY ONE AS ROAD, UH, THE ASTRONAUTS WERE OFFICE CENTER. UM, AT THAT TIME THEY ANTICIPATED THEIR COST OF IMPROVEMENTS IS GOING TO BE $1.5 MILLION BASED UPON THAT. AND ACTUALLY THEY CAME AND ASKED FOR A, UH, TERM EXTENSION TO, UM, IN CONSIDERATION OF THE VALUE OF THOSE CAPITAL IMPROVES. MMM HMM. AND, UH, WITH THAT, UH, BASED UPON THE $1.5 MILLION WE, UH, RECOMMENDED, AND THE COUNCIL APPROVED THE 30 YEAR EXTENSION WHEN COMMERCE CLAUSE INTO THEIR ACTUAL DETAILS AND DESIGN AND CONSTRUCTION, UM, AND, UH, VARIOUS CHANGES TO THEIR PLANS TO ACTUALLY THEIR PLANS ENDED UP BEING MMM, MORE THAN WHETHER THEY HAD AN ADDITIONAL ANTICIPATED, BUT THEY DID A VERY NICE JOB. UM, THEY DID COME BACK AND DEMONSTRATE TO US THAT THEIR, UH, TOTAL COST WAS, UH, JUST SHORT OF $2 MILLION OR PROBABLY 33%. AND WHAT THEY REPRESENTED THAT THEY REPRESENTED TO US IN 2018, THAT THEY WOULD BE ANTICIPATING SPENDING $2 MILLION. AT THAT TIME WE WERE RECOMMENDED THE, WELL, IT WOULD HAVE BEEN A FULL 40 YEAR ATONIC EXTENSION OR 40 YEARS. UM, BUT WE WOULD TAKE IT TO THE EACH STATUTORY LIMIT OF WHAT A YEAR, SINCE THEY ONLY HAD SIX YEARS REMAINING ON THEIR LEASE AT THAT POINT IN TIME MMM. COMPLETED [01:10:01] THEIR CONSTRUCTION. THEY DID EVERYTHING IN WHICH THEY WERE OBLIGATED TO DO UNDER THE LEASE AGREEMENT. AS I SAID, THEY'VE BEEN A LONG STANDING TENANT OF THE AIRPORT AND WE BELIEVE THAT IT'S APPROPRIATE TO RECOGNIZE THEY TENDED TO, UH, COMMIT CAPITAL INVESTMENT, UH, TO THE AIRPORT IN PRONE YEAR AIRPORT, IMPROVING THE TAX BASE. AND THEY SHOULD BE RECOGNIZED FOR IT. THEREFORE IT WAS OUR RECOMMENDATION FOR THE SECURE AS A TERM, WHICH WHERE THEY ARE AND THEIR TERM NOW WOULD TAKE THEM TO THE SENATORIAL LIMIT OF 40 YEARS, WHICH IS THE MAXIMUM THAT WE CAN GRANT THEM LEASE RATES INCREASED DURING THAT TIME BILL. YES, SIR. I WOULD THE 2018, UM, LIST OF MEMPHIS SECOND AMENDMENT, UH, THEIR RENTAL RATE WAS ADJUSTED 22, A LITTLE OVER 22%, ALMOST 23%, UH, TO THE PREVAILING GRAVITY'S MODERATE WITHOUT REGARD TO THE CAPITAL IMPROVEMENTS. AND ANY INCREASES WOULD CONTINUE OVER THIS SIX YEAR PERIOD, OR HOW WOULD THAT WORK? YES, SIR. THEIR BASE RATE WAS ADJUSTED TO THE WAY IT WAS 65 CENTS A SQUARE FOOT, UM, FOR THAT LOCATION. UH, BUT IT WAS A 22.6% INCREASE AT THAT TIME. THERE WERE SUBJECT TO A BIENNIAL CPI ADJUSTMENT OR OTHER YEAR, UM, OR THE MAIN TERM OF THE LEASE. THANK YOU. UM, WHAT ELSE, CAN YOU HELP ME WITH THIS? I JUST WANT TO MAKE SURE I UNDERSTAND THIS ANSWER CORRECTLY. I THINK WHAT, WHAT A COUNCIL MEMBER USED WAS ASKING IS, UM, WILL THE LEASE, UH, INCREASE WITH THE SIX NEW YEARS? I THINK WE, I THINK THE ANSWER I HEARD WAS, WAS THE INCREASE FROM WHEN WE, WHEN THEY SIGNED TWO YEARS AGO, THE GROUND LEASE RATE YOU'LL CORRECT ME IF I'M WRONG, BUT THE GROUND LEASE RATE BASED ON THIS ADDITIONAL, AND THIS THIRD AMENDMENT WITH THESE ADDITIONAL EXTENSION WOULD NOT INCREASE THE GROUNDLINGS SPRINT. RIGHT. BUT THE AMENDMENT WOULD CONTINUE. THIS AMENDMENT WOULD CONTINUE THE, THE, THE TERMS OF THE SECOND AMENDMENT, WHICH MEANS THAT THE, THE THEN THE, TO THE PREVAILING RATE AROUND THESE RATE OF, UH, AT 20 AND 2018 IS WHAT IS THE BASELINE. AND THERE EVERY TWO YEARS IS GOING TO BE A CPI ADJUSTMENT. SO IF THE RATE IN THE, UH, THE RATE OF THE, THE AMOUNT OF THE RATE GROUND LEASE RATE WILL INCREASE OVER THE PERIOD OF THE ENTIRE LEASE. YES, THAT'S CORRECT. MR. AND, AND TO MAKE BILL ALSO JUST THERE, THIS IS WHAT THIS ISN'T SETTING A PRECEDENT. IN FACT, WE, THERE ARE, THERE HAVE BEEN INSTANCES BEFORE ON THE AIRPORT WHERE SOMEBODY WILL COME TO US AND SAY, HEY, WE WANT TO MAKE THAT SUCH A, YOU KNOW, THIS MUCH OF AN INVESTMENT. CAN WE GET CREDIT FOR THAT? AND THAT THE DOLLAR OUT FOR THE INVESTMENT, UH, WITH ADDITIONAL, UM, UH, TERM YEARS ADDED TO THE GROUND LEASE, CORRECT? YES, SIR. THAT'S CORRECT. UH, UH, AGAIN, THIS WAS WHERE WE RECOGNIZED IT WAS A, UH, WHAT WE REGARDED TO BE A SUBSTANTIAL, UH, INCREASE OVER AND ABOVE WHAT THEIR INITIAL COMMITMENT WAS BY 33% OVER JUST SHORT OF $500,000, WHICH WE BELIEVE, UM, ESPECIALLY GIVEN THE, THE VALUE OF THE ASSET, THE AGE OF THE ASSET AND ALL THAT'S A SUBSTANTIAL INVESTMENT, UM, AND, UH, THAT THEY SHOULDN'T BE WILLING TO DIE FOR THAT COMMITMENT TO THE AIRPORT AND WAS ON THIS. I THINK YOU'VE GOT THE CPI ADJUSTMENT. YES. UM, HAVE WE FOUND IN THE PAST THAT, THAT KEEPS, IT KEEPS UP WITH OUR, OUR RATES AS WE GO FORWARD AT THE AIRPORT, OUR GROUND RATES, IT KEEPS UP WITH THE RATE OF INFLATION. OKAY. SO, BUT I GUESS WHAT I'M REALLY DRIVING AT IS AT THE AIRPORT, THE VALUE OF THE LEASES IS, IS GOING UP OR IS IT GOING DOWN OR IS IT STAGNANT? I MEAN, WHAT, WHAT MIGHT WE EXPECT LOOKING, LOOKING FORWARD? IT DEPENDS ON THE TYPE OF, OF, UH, OF LEASE. WE'RE LOOKING AT, FOR EXAMPLE, IN THIS CASE, THIS IS A GROUND LEASE, RIGHT? SO WE'RE NOT WORKING, LOOKING AT ANY OF THE IMPROVEMENTS. UH, SO WE'RE NOT, WE'RE NOT RE WE'RE NOT GETTING RATES, UH, AS IF WE WERE RENTING OR LEASING OUT THE COMMERCIAL SPACE. RIGHT. UH, IT'S JUST THE GROUND. HE, SO, UM, IT, IT DEPENDS ON WHAT'S GOING ON IN THE MARKET. I THINK GENERALLY, UH, WE ARE, UH, GENERALLY WE, WE DO A GOOD JOB BECAUSE WE'RE AT LEAST KEEPING UP WITH THE RATE OF INFLATION. UM, BUT IT'S HARD TO SAY WHAT THE, THE EXACT, YOU KNOW, THE EXACT MARKET RATE WILL BE IN FOUR YEARS. SO I CAN'T TELL YOU WHETHER OR NOT, YOU KNOW, TODAY'S DECISION IS GOING [01:15:01] TO BE, UH, PUT US EXACTLY IN LINE WITH WHAT THE RED MARKET RATE WOULD BE FOR A GROUND LEASE IN 2016, AS A MATTER OF FACT, BACK TO 2018 VOTING INCREASE THE RENTAL RATE BY 22.6%. SO IT'S ALREADY PRETTY, PRETTY SIGNIFICANT TO ALIGN WITH THE CURRENT RATE. SO AFTER THEY MADE ALL THE IMPROVEMENTS, AND THEN YOU EXTEND SIX YEARS IS NOT SOMETHING UNUSUAL, YOU KNOW, SO BY DOING SO, UH, BASICALLY WAY KIND OF A HELP THEM AND THE VALUE OF THE IMPROVEMENTS, YOU KNOW, I DEFINITELY UNDERSTAND WHY THEY'RE ASKING FOR IT. SO, I MEAN, THERE'S NO DOUBT WHY THEY BEEN ASKED FOR THAT. ANY MORE QUESTION, ANYBODY WANT TO MAKE A MOTION FOR APPROVAL OF ITEM OR ITEMS SUBMITTED SECOND? SO I HAVEN'T MADE A MOTION LAURIE, SECOND AND ON YOUR FAVOR TO APPROVE THIS ITEM, SAY, AYE. AYE. OPPOSED. THANK YOU. SO LET'S GO TO GREG MILLER ITEM, ITEM 11 FOR THE PROPERTY HEARING, PRESENT, DISCUSS AND CONSIDER ACTION ON ORDINANCE TO LEVY TAXES OR CHANGES OF THE SAFEST. SO I HAVE 11 WILL BE LATER THAN ITEM 12. SO [12. Hold a Public Hearing, Present, Discuss, and Consider Action on an Ordinance of the Town of Addison, Texas Approving and Adopting the Annual Budget for the Fiscal year Beginning October 1, 2020 and Ending September 30, 2021, and Making Appropriations for Each Office, Department, Agency and Project of the Town, Providing That Expenditures for Said Fiscal Year Shall Be made in Accordance with the Adopted Budget, Unless Otherwise Authorized by an Ordinance Adopted By the City Council; Providing for Emergency Expenditures and Expenditures as Otherwise Allowed By Law.] LET ME GO WITH, I HAVE A 12 ACTION ORDINANCE OF THE TUNNEL OF ADDISON. THAT'S US APPROVING AND ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR, BEGINNING, OCTOBER 1ST, 2020, AND ENDING SEPTEMBER 30 AND 2021 AND MAKING APPROPRIATIONS FOR EACH OFFICE DEPARTMENT, AGENCY AND PROJECT OF THE TOWN, PROVIDING THAT FOR SEVEN FISCAL YEAR SHALL BE MADE IN ACCORDANCE WITH THE ADOPTED BUDGET, UNLESS OTHERWISE AUTHORIZED BY AN ORDINANCE ADOPTED BY THE CITY COMMONS, PROVIDING FOR EMERGENCY EXPENDITURES AND EXPENDITURES IS OTHERWISE ALLOWED BY NORTH MAYOR AND COUNCIL. THANK YOU VERY MUCH. WE ASKED THAT THE ORDER OF THESE ITEMS, YOU CONSIDER DIFFERENTLY MY, MY OVERSIGHT IN HOW WE PLACED THESE ITEMS ON THE, ON THE AGENDA. THE BUDGET IS REQUIRED TO BE REQUIRED PRIOR TO THE FIRST AND THE TAX RATE. SECOND, SO STEPHEN. GREAT. THANK YOU, LIZ. GOOD EVENING. MAYOR AND COUNCIL STEVEN GLICKMAN, CHIEF FINANCIAL OFFICER TO SHARE. YES, ONE SECOND WHILE I SHARE MY SCREEN HERE. GREAT. SO WE'RE HERE FOR THE FISCAL YEAR, 2021 SECOND PUBLIC HEARING ON THE BUDGET. AND THEN IN ADDITION TO THIS ITEM, WE HAVE THE ORDINANCE FOR APPROVAL OF THE FISCAL YEAR, 2021 BUDGET. I THINK SOMETHING WRONG WITH ALL OF THEM. MY PERFORMANCE IS GREEN, GREEN, RED, RED, AND GREEN, BECAUSE THE HANDMADE WORK FOR ANSWERS, I THINK WE'LL BE, I THINK STEVEN WILL BE FINE. HE'S SITTING IN FRONT OF THE PROCEED. OKAY. SORRY. CONTINUE. GREAT. UM, UH, THE FIRST SLIDE HERE IS OUR, IS OUR STAFFING SUMMARY. THIS IS UNCHANGED PROMOTE. WE SHOWED IT AT THE FIRST PUBLIC HEARING, UH, OVERALL, UM, FOR THE TOWN A TOTAL OF 299.8 FTES. UH, AS YOU SAW IN THE PREVIOUS PRESENTATION FROM LISA PILES, THE MAJORITY OF THAT INCREASE FROM THE PRIOR FISCAL YEAR IS DUE TO TAKING ON THOSE AIRPORT, UM, CONTRACT PERSONNEL AS TOWN EMPLOYEES. UH, THERE IS A REDUCTION OF EIGHT FTES AND THAT HOTEL FUND, UH, RELATED TO THE CLOSURE OF THE CONFERENCE CENTER. AND THEN, UH, THERE IS ONE FTE ADDED TO THE UTILITY FUND. UH, THERE'S TWO TO THE CAPITAL PROJECTS FUND. AND THEN ALL OF THE OTHER CHANGES ARE REALLOCATIONS FROM THE GENERAL FUND TO THE AIRPORT FUND AND THE UTILITY FUND TO BETTER ALIGN THOSE EMPLOYEES WITH THEIR JOB DUTIES. THIS IS JUST A GRAPHICAL REPRESENTATION OF THE TOTAL [01:20:01] FTES FOR THE LAST FEW FISCAL YEARS. AS YOU CAN SEE A NINE MTV INCREASE FROM FISCAL YEAR 20 TO 21. AND THEN THIS IS A DETAILED VIEW OF THE DEPARTMENTAL STAFFING SUMMARY, AGAIN IN TOTAL LINE FTE CHANGE. AND THE BIGGEST CHANGE THERE IS THE AIRPORT, THE INCREASE FOR THE CONTRACT PERSONNEL AND THE DECREASE FROM THE CONFERENCE CENTER. THIS IS THE OVERALL GENERAL FUND OVERVIEW. THE OUTSIDE CIRCLE IS THE REVENUE AND THE INSIDE CIRCLE. THE EXPENDITURE SIDE, THE ONLY CHANGE FROM THE FIRST PUBLIC HEARING TO TODAY IS ON THE PROPERTY TAXES. WE HAD REDUCED THAT BASED ON COUNCIL'S DIRECTION AT THE PREVIOUS PUBLIC HEARING. AND NOW THAT TOTAL FOR PROPERTY TAX REVENUE IS 19.4 MILLION. UH, SALES TAX IS ANTICIPATED TO BE 12.3 MILLION. AND THEN WE HAVE FRANCHISE FEES OF 2.3 OTHER TAXES, WHICH ARE MIXED BEVERAGE TAX IS 1 MILLION. AND THEN WE ALSO HAVE LICENSES AND PERMITS AND THEN FINES ON THE EXPENDITURE SIDE. THE LARGEST EXPENDITURES ARE POLICE THAT 11.4 MILLION, THE FIRE DEPARTMENT AT 8.5 MILLION. THEN WE HAVE GENERAL GOVERNMENT AT 9 MILLION, UH, PARKS AND RECREATION IS 6.1 AND THEN STREETS AT 2.2 MILLION AND DEVELOPMENT AT 1.6 MILLION GENERAL FUND OVERVIEW AGAIN ON THE REVENUE SIDE, THE ONLY CHANGE FROM THE FIRST PUBLIC HEARING TO THIS ONE IS THE AD VALOREM TAXES. UH, THOSE HAVE BEEN REDUCED FROM 19.8 TO 19.4, UH, AN INCREASE OF 0.7 MILLION FROM THE PREVIOUS FISCAL YEAR SALES TAX IS AT 12.3 MILLION. THAT IS A $1.4 MILLION DECREASE FROM THE PREVIOUS FISCAL YEAR. AND THEN ON THE EXPENDITURE SIDE, UH, AT COUNCIL'S DIRECTION, WE HAD REMOVED THE ANTICIPATED INCREASE IN OUR HEALTH INSURANCE PREMIUMS. SO OVERALL EXPENDITURES ARE ANTICIPATED TO DECREASE ABOUT 400,000 FROM THE PREVIOUS FISCAL YEAR. UH, IN TOTAL REVENUES ARE JUST EXCEEDING EXPENDITURES. THAT'S ROUNDED UP, BUT IT'S CLOSER TO ABOUT $20,000 INSTEAD OF A HUNDRED THOUSAND DOLLARS. SO, UH, REVENUES AGAIN ARE JUST EXCEEDING THE EXPENDITURE SIDE. HERE'S A GRAPHICAL REPRESENTATION OF GENERAL FUND REVENUES. SO IN TOTAL 38.8 MILLION, AGAIN, THE ONLY CHANGE, UH, FROM ON THIS GRAPH FROM THE PREVIOUS PUBLIC HEARING, UH, IS ON THE APPLE AND TEXAS SIDE, A DECREASE IN THAT REVENUE SOURCE PER COUNCIL DIRECTION, UH, OVERALL, UH, SALES TAX, YOU CAN SEE THAT IS DECREASING, UH, AS ANTICIPATED FROM COVID-19 AND THEN THE OTHER REVENUE SOURCES FOR THE MOST PART HAVE REMAINED FAIRLY CONSISTENT ON THE EXPENDITURE SIDE. UH, THE MAJOR EXPENDITURE, UH, FOR THE GENERAL FUND COMES FROM PERSONNEL SERVICES. 64.3% CONTRACTUAL SERVICES MAKE UP 18.7% MAINTENANCE AT 9.3% SUPPLIES ARE 4% AND THEN THE GENERAL FUNDS CONTRIBUTION TO THE CAPITAL EQUIPMENT REPLACEMENT FUND IS THREE ONTO THE SELF FUNDED PROJECT FUND. UH, THIS FUND GETS ITS REVENUE FROM TRANSFERS FROM THE GENERAL FUND IN TOTAL, THE PROPOSED TRANSFER FROM THE GENERAL FUND FOR FISCAL YEAR 2021 IS PROPOSED AT A $700,000. UH, THE EXPENDITURES ARE PROPOSED AT $1.2 MILLION, AND THAT WOULD DRAW DOWN ON SOME, SOME UNUSED PREVIOUS YEAR FUNDS, UH, IN THIS FUND, UH, THE MAJOR EXPENSES, THERE ARE A SPECIAL AREA STUDY, UM, ADDISON CIRCLE, TRANSIT ORIENTED DEVELOPMENT, UM, CELESTIAL PARK IMPROVEMENTS AND ENHANCED STREET MAINTENANCE. HERE'S A LIST OF SELF FUNDED PROJECTS. IN ADDITION TO THE ONES YOU JUST MENTIONED, THERE'S NEIGHBORHOOD SECURITY AND HE STATUS. AND AT 27,500, AND WE HAVE A SMOKE DETECTOR BATTERY REPLACEMENT PROGRAM FOR 3000 BALLISTIC GEAR FOR THE FIRE DEPARTMENT AT 30,000. AND THEN AGAIN, THE ADDISON CIRCLE TRANSIT ORIENTED DEVELOPMENT IS 318,000 AND THEN CELESTIAL PARK IMPROVEMENTS OR $118,500 FOR A TOTAL OF FOUR. AND THEN THE PROJECTS THAT, THAT WERE PROJECTS IN THE PREVIOUS YEAR. SO THEY'RE, THEY'RE TECHNICALLY ROLLING FORWARD A SPECIAL AREAS STUDY $140,000, AND THEN $292,000 ALLOCATED [01:25:01] TELL FUND. THIS FUND IS FUNDED BY HOTEL TAXES, A HOTEL OCCUPANCY TAXES, WHICH ARE PROJECTED TO BE $4.2 MILLION IN FISCAL YEAR 2021. THE REMAINDER OF THE REVENUE COMES FROM SPECIAL EVENTS AT $1.1 MILLION. AND IN TOTAL THAT REVENUE OVERALL REVENUE IS ANTICIPATED TO DECREASE BY $2.3 MILLION. THE MAJORITY OF THAT IS, IS DUE TO COVID-19 AND THE REDUCTION IN HOTEL OCCUPANCY TAXES, AND THEN THE CLOSURE OF THE CONFERENCE CENTER ON THE EXPENDITURE SIDE, TOTAL EXPENDITURES ARE 5.5 MILLION, WHICH IS $1.7 MILLION LESS THAN THE FISCAL YEAR 2020. AND THE MAJOR DECREASES THERE ARE RELATED TO THE CLOSURE OF THE CONFERENCE CENTER. AND THEN IN TOTAL REVENUES ARE 5.3 EXPENDITURES 5.5. SO A TOTAL DRAW DOWN OF ABOUT $200,000 IN THE FUND, WHICH IS ABOUT A $600,000 DIFFERENCE FROM THE PREVIOUS YEAR OVERALL HOTEL FUND EXPENSES BY, UM, BY AREA SPECIAL EVENTS ARE 44.1% OF THE $5.5 MILLION BUDGET. SPECIAL EVENTS. OPERATIONS ARE 17.1% OF THE BUDGET MARKETING IS 20.4%. THE PERFORMING ARTS ARE 6%. THE ADDISON THEATER CENTER IS 5.8. THE CONFERENCE CENTER IS 3.7 THAT'S ASSOCIATED WITH FIXED COSTS THAT THAT AREN'T GOING AWAY, SUCH AS SOME UTILITIES AND INSURANCE FOR THE FACILITY THAT, UH, THAT, UH, WOULD ANTICIPATE CONTINUING AS LONG AS THE TOWN OF THE BUILDING. AND THEN GENERAL HOTEL OPERATIONS ARE 2.8% OF THAT 5.5 MILLION ECONOMIC DEVELOPMENT FUND. AND THIS FUND GETS ITS REVENUE FROM AD VALOREM TAXES ON 1.1 MILLION. AND THEN IN ADDITION, A FUND FROM THE HOTEL OR A TRANSFER FROM THE HOTEL FUND, UH, 400,000 IN TOTAL REVENUES, OR $1.6 MILLION, A TOTAL EXPENDITURES ARE ANTICIPATED AT $2 MILLION. UH, UH, INCENTIVES ARE ABOUT A HUNDRED THOUSAND OPERATIONS ARE ABOUT A MILLION, AND THEN TOURISM MAKES UP ABOUT 800,000 BUDGET. IN TOTAL. THERE IS A RECOMMENDED $400,000 DRAW DOWN IN THE ECONOMIC DEVELOPMENT FUND FUND BALANCE. AND THAT IS RELATED TO PRIOR YEAR TRANSFERS FROM THE HOTEL FUND, UH, THAT HAVE NOT BEEN UTILIZED FOR TOURISM. SO UTILIZING THOSE EXCESS FUNDS THAT HAVE BEEN TRANSFERRED OVER THE YEARS, UH, ONE, AND WE'LL GIVE SOME, UH, SOME RELIEF TO THE HOTEL FUND AND AS IT RECOVERS FROM COVID-19 AND WILL ALSO ALLOW THE, UH, TOURISM DEPARTMENT TO UTILIZE THOSE FUNDS METRICS LIKE UTILITY OPERATING FUND, THIS FUND, UH, GETS ITS REVENUE FROM SALES AND WATER AND SEWER OVERALL SALES AT WATER ANTICIPATED AT $7.5 MILLION, UH, WASTEWATER AT $6.3 MILLION, THE COST OF PURCHASE TO PURCHASE THOSE RAW WATER AND THEN RAISED WASTEWATER TREATMENT. EACH OF THOSE COSTS AROUND $3.7 MILLION. AND THEN FOR THE TOWN TO OPERATE THE SYSTEM COST THE TOWN ABOUT $5 MILLION. AND THEN WE HAVE DEBT SERVICE OF $1.5 MILLION OVERALL REVENUE, AND THAT $14 MILLION REVENUE AMOUNT LATER IN THIS MEETING COUNCIL WILL HAVE THE OPPORTUNITY TO APPROVE AN ORDINANCE THAT WILL INCREASE THE WATER AND SEWER RATES BY 6%. AND THAT, THAT IS IN LINE WITH THE RATE STUDY THAT WAS DONE IN 2018 AND BASED ON INCREASES THAT WE GET THAT AS WELL ON OUR TREATMENT COST. AND THEN OUR PURCHASING ALL WATER OVERALL, THE FUND IS ANTICIPATING ABOUT A HUNDRED THOUSAND DOLLARS POSITIVE VARIANCE REVENUE TO EXPENSE. SO, STEVEN, YES, SIR. THIS CHART, WHAT DID INCLUDE THE 6%? YES, IT DOES. RIGHT? CORRECT. THAT'S CORRECT. WATER AND SEWER RATE CHANGES. AS I JUST MENTIONED LATER IN THE MOVIE, YOU WILL HAVE THE ORDINANCE TO ADOPT THESE 6% RATE INCREASES ON A TYPICAL 5,000 GALLON RESIDENTIAL CUSTOMER. THEY'RE GOING TO SEE ABOUT A $3 AND 38 CENT INCREASE ON AN $8,000 RESIDENTIAL WATER AND SEWER USER. YOU'RE GOING TO SEE ABOUT 4.97 OR A $4 97% INCREASE IN THEIR BILL AND FOR A CUSTOMER THAT USES ABOUT 10,000 GALLONS. THEY'RE GOING TO SEE ABOUT A $6 THREE, [01:30:01] 3 CENT INCREASE IN THE STORE WATER OPERATING FUND. THIS FUND GETS IT'S REVENUE FROM DRAINAGE FEES. THESE RATES ARE INCREASED HER ADOPTED ORDINANCE, AND THAT ORDINANCE, UH, EXPIRES IN FISCAL YEAR 2022. UH, OVERALL TOTAL EXPENSES, UM, ARE $1.3 MILLION. UH, THOSE EXPENSES ARE FOR OPERATIONS. AND THEN THERE IS A DEBT PAYMENT, UM, ABOUT HALF A MILLION DOLLARS IN TOTAL REVENUES EXCEED EXPENDITURES BY ABOUT 1.2 MILLION IN DOLLARS. THE AIRPORT FUND AND TOTAL REVENUE FOR THE AIRPORT IS PAINTED AT $5.2 MILLION. YOUR SOURCES OF REVENUE ARE SERVICE FEES, WHICH PRIMARILY ARE THE FLOW FEEDS AND THEN LEAP GROUND LEASES, WHICH ARE $4.3 MILLION. AND THEN ON THE EXPENSE SIDE, UM, AS YOU SAW IN THE PRESENTATION EARLIER, UH, THERE'S ABOUT HALF A MILLION DOLLARS OF SAVINGS. THAT'S, THAT'S WHAT, THAT'S WHAT YOU SEE WITH THE CHANGE FROM FISCAL YEAR 20 TO 21, ONE OF THE COST TO OPERATE THE AIRPORT HAS GONE DOWN BY THAT HALF A MILLION DOLLARS RELATED TO, UM, THE FORM OF CONTRACT EMPLOYEES BEING TOWN EMPLOYEES. IN ADDITION, THERE'S A DEBT SERVICE PAYMENT OF ABOUT $0.8 MILLION IN TOTAL REVENUE IS ANTICIPATED TO EXCEED EXPENSES BY ABOUT A HUNDRED THOUSAND DOLLARS. AND THEN THE CAPITAL IMPROVEMENTS PLAN FOR FISCAL YEAR 2021 IS $37.2 MILLION. THE MAJORITY OF THAT IS FROM GENERAL OBLIGATION AND CERTIFICATES OF OBLIGATION. AND THOSE MAKE UP 26.1 OF THE 37.2 MILLION. THE OTHER MAJOR SOURCES ARE UTILITY CERTIFICATES OF OBLIGATION, WHICH WE ALREADY HAVE THE PROCEEDS FOR THAT, WHICH WERE ISSUED IN 2018. THOSE ARE $4.8 MILLION. AND THEN STORM WATER ANTICIPATES USING $2.2 MILLION OF CASH RESERVES. AND THE AIRPORT FUND ANTICIPATES USING ABOUT $2 MILLION IN CASH RESERVES. THOSE ARE MAJOR THE SOURCES OF CAPITAL IMPROVEMENT PROJECTS. I'LL BE HAPPY TO ANSWER ANY QUESTIONS. YOU MAY HAVE QUESTIONS, DISCUSSION. THIS IS GENTLEMEN. THIS ITEM IS LISTED THE PUBLIC HEARING. IF ANY, WHILE IMPOVERISHED WISH TO SPEAK ON THIS ITEM, PLEASE DO SO SINCE YOU ARE A CITIZEN. ALRIGHT, ANYBODY CALLING? YES, SIR. BUT SAYS NO ONE IN PUBLIC WISH TO SPEAK ON THIS ITEM RIGHT HERE BY CLOSE THE PUBLIC HEARING. SO ALL. ALL RIGHT. WELL, HOW ABOUT, HOW ABOUT WE APPROVE THIS MAN? ALRIGHT, SO I HAVE A SECOND CALL WITH EMOTION. I WAS THE SECOND ALL IN FAVOR TO APPROVE THIS BLOOD, SAY AYE. AYE. OPPOSED. ALRIGHT, GO BACK TO IDENTITY. OKAY. YES, WE HAVE TO DO A ROLL CALL. START THEIR CHILD. AYE. AIR PREP, TIM LAUREN WARD. I DEPUTY MAYOR PRETEND YOU'RE WELCOME TO BE A COUNCIL MEMBER COUNCIL MEMBER, TOM BROWN COUNCIL MEMBER MARTIN WILSON, COUNCIL MEMBER, FALL WALDEN. ALRIGHT, THANK YOU. I'LL GO [11. Hold a Public Hearing, Present, Discuss, and Consider Action on an Ordinance to Levy Taxes for the Town of Addison, Texas, and to Fix and Adopt the Tax Rate of $0.608676 for the Town on All Taxable Property for the Fiscal Year Beginning October 1, 2020 and Ending September 30, 2021.] BACK TO ITEM 11. WHAT A PROPER HEARING PRESENT DISCUSS, CONSIDER ACTION ON YOUR AUDIENCE TO LEVY TAXES FOR THE TOWN OF EDISON, TEXAS. FIX IT NOW. DOLL TAX RATE OF POINT 686 76 FOR THE TOWN OR FESTIVAL PROPERTY FOR THE FISCAL YEAR, BEGINNING, OCTOBER 1ST, 2020, AND ENDING SEPTEMBER 30, 2021. THANK YOU AGAIN, MAYOR STEVEN GLICKMAN [01:35:01] AGAINST CHIEF FINANCIAL OFFICER. ONE SECOND WHILE I SHARE MY SCREEN OR THIS PRESENTATION. OKAY, GREAT. AND, UM, THANK YOU AGAIN, MAYOR, UH, THIS, UH, PUBLIC HEARING AND ORDINANCE BEFORE YOU THIS EVENING IS FOR THE FISCAL YEAR 2021 TAX RATE ADOPTION. UH, A LOOK BACK AND PREVIEW OF THE APPROVAL PROCESS. UH, BACK ON MONDAY, JULY 27TH, UH, WE RECEIVED A CERTIFIED ESTIMATE FROM THE DALLAS COUNTY APPRAISAL DISTRICT ON THURSDAY, AUGUST 20TH. WE RECEIVED THE FINAL CERTIFIED VALUES FROM THE DALLAS COUNTY APPRAISAL DISTRICT ON SATURDAY, AUGUST 29TH. WE PUBLISHED NOTICE OF THE VOTE ON THE PROPOSED TAX RATE THAT YOU WOULD HAVE THIS EVENING. UM, ON TUESDAY, SEPTEMBER 1ST, WE HAD THE FIRST PUBLIC HEARING ON THE BUDGET AND TAX RATE ON TUESDAY, SEPTEMBER 8TH. WE ARE HERE TONIGHT, UH, TO HAVE THE SECOND PUBLIC HEARING ON THE BUDGET AND TAX RATE. AND THEN ALSO THE ADOPTION OF THE FISCAL YEAR, 2021 BUDGET AND TAX RATE. AND THEN ON OCTOBER 1ST, THURSDAY, AND WE WILL BEGIN THE FISCAL YEAR OVERALL, THE PROPERTY TAX VALUES AND TAX RATE. SO THE CERTIFIED ASSESSED VALUE FOR FISCAL YEAR 2021 IS $4.93 BILLION. THAT IS AN INCREASE FROM THE FISCAL YEAR 2020 CERTIFIED, UH, TAXABLE ASSESSED VALUE OF 4.82 BILLION. UH, THE CURRENT PROPERTY TAX RATE FOR FISCAL YEAR 2021 IS 58.35 CENTS. AND THE PROPOSED PROPERTY TAX RATE FOR FISCAL YEAR 2021 IS 60.8, SIX 76 CENTS. PROPERTY TAX RATES FOR FISCAL YEAR 19. YOU CAN SEE THE NO NEW REVENUE, THE VOTER APPROVAL AND THE PROPOSED OR APPROVED RATE FOR THAT FISCAL YEAR WAS 55 CENTS IN FISCAL YEAR, 2020, THE CURRENT FISCAL YEAR. THE BUT THE CURRENT TAX RATE IS 58.35 CENTS. AND YOU CAN ALSO SEE THE NO NEW REVENUE AND THE VOTER APPROVAL, UH, TAX RATES THERE. AND THEN FOR THE CURRENT FISCAL OR THE PROPOSED FISCAL YEAR 2021, UH, THE PROPOSED RATE OF 60.86 76 CENTS, UH, IS WHAT IS PROPOSED. I WANT TO MAKE A NOTE BECAUSE WE DID RECEIVE A QUESTION, UM, REGARDING THE NO NEW REVENUE IN THE VOTER APPROVAL RATES THAT ARE DISPLAY HERE. THOSE WERE BASED ON OUR INTERNAL CALCULATIONS SINCE WE DIDN'T GET THE, SINCE WE DIDN'T GET THE CERTIFIED VALUE NEWS IN TIME, THOSE ONES, THOSE ARE CALCULATED BASED ON THOSE CERTIFIED VALUES, BUT WHAT WE WANT WE'RE REQUIRED TO ADVERTISE, UM, UH, BOUGHT BY LAW WAS THE RATES THAT WERE CALCULATED MY DALLAS COUNTY USING THEM, CERTIFIED US TO THEM. SO, UM, AND THOSE RATES ARE MUCH HIGHER. SO, UH, SO THAT'S WHY THE PROPOSE A TAX RATE ADOPTION SAYS THE PROPOSED RATE IS LOWER THAN THE PROPERTY TAX REVENUES, UH, WITH THE PROPOSED CHANGES THAT WERE MADE AT THE SEPTEMBER 1ST, KAREN, THE GENERAL FUND AND THE PROPOSED PROPERTY TAX REVENUE IS $19,546,000. AND THAT IS A 4.1%, OKAY. GREECE FROM THE FISCAL YEAR 2020 BUDGET, THE ECONOMIC DEVELOPMENT FUND 1.1 MILLION 127002.2% INCREASE THE INFRASTRUCTURE INVESTMENT FUND $294,000, A 2.2%, OKAY. INCREASE. AND THE DEBT SERVICE FUND 7,965,000. AND THAT IS A 14.3% INCREASE. AND THAT, THAT IS RELATED TO, UM, OUR CURRENT DEBT SERVICE, BUT ALSO THE 15.13, 5 MILLION THAT WE JUST ISSUED ON AUGUST 11TH, PROPERTY TAX RATES. THIS IS A, THE 10 YEAR HISTORY OF TOWN OF ADDISON PROPERTY TAX RATES. AND YOU CAN SEE FAIRLY CONSISTENT OVER TIME, SLIGHTLY OVER 60 CENTS PROPOSED FOR FISCAL YEAR 2021. THIS SLIDE IS A VISUAL GRAPH [01:40:01] OF OUR COMPARISON CITIES, AND YOU CAN SEE HOW WE COMPARE TO THOSE CITIES, THE MEDIAN FOR THOSE COMPETITOR CITIES. IT'S 50.2, 3 CENTS IN THE MEETING IS 49.50 CENTS. YEAH, A COUPLE OF THOSE WEEKS WERE STILL UNABLE TO GET YET THEIR PROPOSED FISCAL YEAR, 2021 TAX RATES. UM, SO FOR THE PURPOSES OF THIS PRESENTATION, BUT SOME OF THEM STILL DO THIS. THIS IS THE EXACT SAME GRAPH, EXCEPT FOR ALL OF THIS. THIS IS ALL OF THE CITIES IN DALLAS COUNTY. AGAIN, THERE WERE, THERE WERE SOME THAT WE WERE UNABLE TO GET THE FISCAL YEAR 2020 TAX RATE. SO WOULD THIS PRESENTATION, THEIR CURRENT YEAR TAX RATE IS WHAT IS EXPLAINED. THE MEDIAN OF DALLAS COUNTY IS 66, 6.9998. AND THE MEAN THOSE CITIES IS 62.81 IMPACT ON THE AVERAGE HOMEOWNER AND THE AVERAGE TAXABLE VALUE OF A SINGLE FAMILY HOMESTEAD IN ADDISON IS $335,597. THAT'S A, AN INCREASE OF JUST UNDER $6,000 FROM THE PREVIOUS FISCAL YEAR. AND THE ANNUAL TAX BILL IS PROPOSED TO BE TWO ON AVERAGE, 2040 $3. AND THAT IS AN INCREASE FROM 1925, $1,925 IN THE CURRENT FISCAL YEAR. SO ABOUT A $9 AND 83 CENT INCREASE, UM, FOR THE AVERAGE RESIDENT, STEVEN, THAT'S JUST THE ASSESSMENT PORTION. YES, CORRECT? YES, SIR. THE FISCAL YEAR 2021 PROPERTY TAX RATES COMBINED, UH, IN TOTAL, THIS, THE TOTAL FOR A RESIDENT OR A BUSINESS IN ADDISON IS GOING TO PAY $2 AND 53.23 CENTS. THE MAJORITY OF THAT GOES TO DALLAS ISD AND THE OTHER FREE ENTITIES, DALLAS COUNTY PARKLAND HOSPITAL, AND THEN THE DALLAS COUNTY COMMUNITY COLLEGE AND MAKE UP THE TAXING ENTITIES THAT RESIDENTS AND BUSINESSES PAY. AND OBVIOUSLY WITH THAT ANSWERING QUESTIONS, I DO HAVE A SUPPLEMENTAL, THE FLIGHT OPENED UP TO A PUBLIC AND YOU HAVE A SUPPLEMENTAL SLIDE THAT WAS NOT IN THE PRESENT OR NOT IN THE AGENDA PACKET, BUT THIS IS BASICALLY A COMPARISON OF ADDISON DALLAS, AND THEN PLANO AND FRISCO AND FENNEL. AND CHRISTO HAS A LOT OF DIFFERENT POTENTIAL COMPONENTS OF WHERE, WHERE SOMEBODY CAN LIVE. BRISCOE IS BASICALLY EVEN EVENLY SPLIT BETWEEN DENTON AND COLLIN COUNTY. AND THEN COLLIN COUNTY HAS A COLLEGE DISTRICT AND, UM, YOU KNOW, PART OF FRISCO'S AND PROSPER ISD. SO MOST OF IT'S IN FRISCO ISD, BUT WE'RE SPREAD BETWEEN A LOT OF DIFFERENT TAXING ENTITIES. SO I TRIED TO DISPLAY AN END PLATE AS PLAINTIFF'S VERY SIMILAR AS WELL. SO TRY TO DISPLAY EACH OF THOSE UNIQUE SITUATIONS THERE SO THAT YOU CAN SEE WHAT MAKES UP A TOTAL TAX BILL FOR THIS. WE'RE GOING TO HAVE SOME DISCUSSION ABOUT THIS WHEN WE DO IT AGAIN, AFTER THE PUBLIC HEARING, OR NOW IT'S UP TO THE MAYOR, BUT IT WOULD TYPICALLY BE PROBABLY AFTER, OR AT LEAST AFTER THE PUBLIC HEARING IS OPEN. SO I CAN OPEN UP NOW SO EVERYBODY CAN HEAR IT. LADIES AND GENTLEMEN, THIS ITEM IS LISTED AS PUBLIC HEARING AS WELL. SO ANYONE PUBLIC WISH TO SPEAK ON THIS ITEM, THE ANYBODY CALLING SIR SAYS NO ONE, THE PUBLIC WISH TO SPEAK ON THIS ITEM. I HEAR MY CROWS IN PUBLIC HERE. THANK YOU. MA'AM UM, STEVEN AND WHOEVER CONTRIBUTED TOWARDS THAT, I REALLY APPRECIATE IT. I THINK THIS IS GREAT INFORMATION. UM, I SPECIFICALLY ASKED FOR THIS DURING OUR, UH, CITY COUNCIL QUESTIONS AND, AND MY THOUGHT I THOUGHT IS THIS IT'S, UM, IT'S NOT A NEW THOUGHT IT'S, IT'S, UH, SAME AS I HAD LAST YEAR. IT'S LOOKING AT, AT, UH, THE TAX TAX RATES FROM A BUSINESS PERSPECTIVE, WE'VE GOT, UH, I THINK IT'S 86% OF OUR PROPERTY TAXES ARE BEING PAID BY BUSINESSES. AND WHEN I THINK ABOUT, UH, WHO, WHO WE COMPETE WITH THE MOST IT'S THOSE CITIES THAT ARE NEARBY US. AND I THINK, UH, ALONG THE TOLLWAY AND, UM, AND I SEE DALLAS HAS GOT A PRETTY HIGH RATE. I DON'T VIEW THEM AS COMPETITIVE, [01:45:01] AS COMPETITIVE AS WHAT WE HAVE, BUT I, I DO, UM, I LOVE OUR LOCATION, BUT I DO WORRY ABOUT SOME OF OUR COMPETITION, JUST, JUST NORTH OF US ON THE TOE IN PLANO AND FRISCO. AND, UM, SO THOSE ARE THE ONES THAT KIND OF LIKE TO LOOK AT OUR TAX RATE RELATIVE TO THOSE. CAUSE THOSE ARE THE ONES THAT I WORRY ABOUT THE MOST. AND, UM, AS, AS I THINK WE SAW ON AN EARLIER SLIDE SLIDE, SEVEN FRISCO AND PLANO HAVE, UH, CITY TAX RATES IS 45 CENTS OR A $100 VALUATION. AND WE'RE, YOU KNOW, WE'RE, UH, JUST UNDER 61 CENTS. AND THEN WHEN YOU LOOK AT IT COMBINED, UM, WE'RE AT, ADDISON'S IN $2 AND 53 CENTS, AND WE'RE, WE'RE COMPETING WITH PLANO AT, I THINK AT AN AVERAGE OF $2 AND 7 CENTS FOR 100 VALUE FOR $100 EVALUATION IN FRISCO, I THINK, IS THAT A COMBINED AVERAGE OF ABOUT $2 AND 11 CENTS AND, UH, AND THEIR ECONOMIC DEVELOPMENT DEPARTMENT. UM, NO DOUBT HAS MONEY TO THROW AROUND WITH, UH, WITH THEM NOT CONTRIBUTING TO THE DARK. SO, UM, ANYWAY, I THINK, I THINK MOVING FORWARD AS WE GO FORWARD IN TIME, WE JUST NEED TO BE, UH, REAL TARGETS AND FROM A BUSINESS PERSPECTIVE OF, UH, OF THESE TWO CITIES, BECAUSE THEY'RE, THEY'RE HIGHLY COMPETITIVE AND, UH, WE JUST NEED TO CONSIDER THEM IN OUR FUTURE FUTURE DECISIONS. YES. AS A MATTER OF FACT, ALL THE C IN THE NORTH, LIKE ALLEN MCKINNEY AND FRISCO, THE IDEAL SITUATION IS SIMILAR TO OUR NIKE NIGHT. YOU KNOW, WE WERE ON THE RIGHTS SO WELL BUILDING A LOT OF BUILDINGS, A LOT OF THE RESIDENTIAL, A LOT OF APARTMENTS, THEY ARE JUST LIKE WHAT HAPPENED TO US IN 1990? SO THEY CAN KEEP THE TAX RATE LOW BECAUSE THEY HAVE SO MUCH NEWER BUSINESS, NEWER PROPERTY TAX. SO, BUT, YOU KNOW, WE HAVE TO TRIAL BEST, YOU KNOW, THE TAX RATE AND ALL, AND, AND ALSO BILLS THREE CDS. I MENTIONED THEY HAVE A 44 WEEK TAXES BECAUSE THEY ARE NOT DARK CDS. SO THEY HAVE THE MONEY TO PROMOTE AND A WINDOW FROM GENERAL FUND TO FORM DEVELOPMENT. SO THIS HUGE DIFFERENCE, YOU KNOW, TO YOUR POINT, I WOULD ADD WE'RE, YOU KNOW, WE'VE BEEN PAYING INTO DARK, BUT NOT REALIZING THAT THE SILVER LINE YET, AND THAT DAY IS COMING. AND, UH, I EXPECT THAT IT'LL BE A GREAT, A GREAT MOMENT FOR US. WE'LL HAVE SOMETHING THAT WILL HELP VALUE THAT WE'LL PAY FOR IT. RIGHT. WE DON'T HAVE THAT IN MY OPINION, I SHARE THE CONCERN ABOUT THE BUSINESS TAXES, BUT I WANTED TO ASK STEVEN, WOULD YOU COME IN ON THE BLUE AT THE TOP, HAD OTHER THAT'S THE MAJOR, THE MAJOR DIFFERENCE BETWEEN DALLAS COUNTY AND ANY OTHER COUNTY IS THAT YOU HAVE, YOU HAVE PARKLAND HOSPITAL, WHICH IS ABOUT, I BELIEVE 26 CENTS. SO THAT'S AN ADDITIONAL 26 CENTS THAT COLLIN COUNTY AND DEVON COUNTY DON'T HAVE DENTON COUNTY, DOESN'T HAVE A COMMUNITY COLLEGE DISTRICT AS WELL. SO WHEN YOU GET INTO SOME OF THOSE, YOU KNOW, WHEN YOU'RE SWITCHING BETWEEN COUNTIES, THERE'S A LOT OF DIFFERENT NUANCES AS FAR AS WHAT THOSE, THOSE OTHER COUNTIES ARE OFFERING AS FAR AS SERVICES GO. SO THAT'S HOSPITAL TIMES THAT THE BLUE PORTION IS I THINK THE OTHER THING THAT WE NEED TO COGNIZANT OF AS WELL, WHEN WE THINK ABOUT THIS, UH, ONE WHILE TAX RATE IS IMPORTANT, IT'S NOT THE MOST IMPORTANT THING THAT MAKES, UM, A BUSINESS DECIDE WHETHER OR NOT THEY'RE GOING TO INVEST IN THE COMMUNITY. UM, I'LL GIVE AN EXAMPLE OF THAT IN JUST A SECOND. THE OTHER THING THAT WE NEED TO BE AWARE OF TO THE MAYOR'S POINT EARLIER IS THAT WE ARE IN A VERY DIFFERENT PART OF OUR LIFE CYCLE COMPARED TO PLACES LIKE FRISCO AND KENYON POINT. UH, SO WHAT WE HAVE A RESPONSIBILITY TO DO IS TO MAKE SURE THAT WE ARE TAKING CARE OF OUR COMMUNITY IN A WAY THAT WE CONTINUE TO BE AN ATTRACTIVE PLACE TO BE. BECAUSE NOW GOING BACK TO MY PREVIOUS POINT, WHAT'S GOING TO ATTRACT INVESTMENT FROM BUSINESSES AND WANT THEM TO STAY HERE IS QUALITY OF LIFE AND AMENITIES THAT ARE PROVIDED. AND A PERFECT EXAMPLE THAT I THINK, UM, FOLKS HERE IN DALLAS, UH, CAN RELATE TO IS WHEN BOEING WAS TRYING TO DECIDE WHERE [01:50:01] THEY WERE GOING TO LOCATE THEIR WORLD HEADQUARTERS. THIS WAS, UH, UH, IMPACTED ME IN THE, IN A WAY, BECAUSE I'M FROM WASHINGTON STATE AND THAT USED TO BE BOEING. AND SO THERE'S THE EXIT OF BOEING FROM WASHINGTON STATE WAS A BIG DEAL. AND THE FINAL TUBE CITIES THEY WERE THINKING ABOUT WHERE CHICAGO AND DALLAS, AND AT THE END OF THE DAY, THEY PICKED IT DOWN, EXCUSE ME, CHICAGO. AND THEY SAID IT WAS BECAUSE THEY HAD MORE QUALITY OF LIFE OPPORTUNITIES FOR THEIR EMPLOYEES TO PARTICIPATE IN AND ENJOY THEN DID DALLAS. AND THAT PUT DALLAS ON NOTICE. AND SINCE THEN, PALACE IS A REGION HAS BEEN DOING A LOT TO MAKE SURE THAT THEY COULD EAT COMPETITIVE FROM A QUALITY OF LIFE STANDPOINT. SO WHILE AGAIN, THE TAX RATE IS IMPORTANT IS NOT THE ONLY DECISION THAT A BUSINESS MAKES AND WHERE TO INVEST. THE MORE IMPORTANT DECISION IS QUALITY OF LIFE AND AMENITIES ARE AFFORDED EMPLOYEES THAT, THAT, UH, THAT THEY'RE AT OR WORK AT THE, UH, AT THE BUSINESS AS WELL. SO TAX RATE IS IMPORTANT, BUT IT'S, THERE ARE OTHER IMPORTANT ELEMENTS AS WELL. SO JUST KEEP THAT IN MIND, AS WE, AS WE CONSIDER OUR FUTURE, YOU KNOW, JUST TO TAG ON JUST ONE, ONE OTHER COMMENT TOO, THAT'S STANDS OUT A LOT TO ME AS I LIVE, I LIVE ALONG THE TOTAL WAY ON ONE SIDE IT'S ADDISON ON THE OTHER SIDE, IT'S DALLAS AND A NINE ONE, ONE POLICE RESPONSE TIMES ARE TYPICALLY VERY DIFFERENT. UM, YOU KNOW, ALLISON IS A SAFER COMMUNITY OVERALL, UM, AND THAT'S, THAT'S QUALITY OF LIFE. IT'S, IT'S A QUALITY OF SERVICE. SO JUST TOTALLY AGREE WITH WHAT WAS SAID, WHAT MAYOR SAID, UM, BEING A REDEVELOPMENT COMMUNITY AND RETAINING THE VIBRANCE THAT WE HAVE HERE, I, FOR ONE DON'T WANNA LIMIT WHERE ELSE IN THE REGION, WE HAVE IT SO MUCH BETTER FOR YOURSELF, EVEN THOUGH YOU WILL WANT IT TO COMPLAIN, YOU KNOW, ALWAYS COMPLAIN TOO. RIGHT. WOW. ALRIGHT. UH, ANY MORE DISCUSSION? WELL, LET'S DO IT GOING, NO, BUT THIS IS, UH, UH, UH, REQUIRED BY THE TAX MOTION. THE MOTION NEEDS TO READ THAT EXACT WORDING. SO IVAN, YOU WANT TO MOVE THAT THE PROPERTY TAX RATE BE INCREASED BY THE ADOPTION OF A TAX RATE OF 0.608676 PER $100 VALUATION, WHICH IS NOT EXCEEDED THE NO NEW REVENUE TAX RATE. SO I HAVE A MOTION ON THE SECOND. SO ALL YOU IN FAVOR, SAY, AYE. AYE, AYE. COUNCIL MEMBER, TOM BROWN COUNCIL MEMBER. PAUL WALDEN. AYE. AYE. MOTION CARRIES. THANK YOU. ALRIGHT. [13. Hold a Public Hearing, Present, Discuss, and Consider Action on an Ordinance Changing the Zoning on a 4.40-acre Property Located at 3990 Vitruvian Way, Which Property is Currently Zoned PD, Planned Development, Through Ordinance O07-034, as Previously Amended by Ordinances O13-026, O16-017, and O19-06, by Changing the Density of the Residential Development. Case 1817-Z/UDR Fiori.] AS CONVENIENT ITEM 13, FLOATED POVERTY HEARING, PRESENT, DISCUSS AND CONSIDER ACTION ON ORDINANCE CHECKING THE DAWNING ON THE 4.4 ACRE PROPERTY LOCATED AT 39 90 RITUALLY IN THE WAY WHICH PROPERTY IS CURRENTLY ZONED PD PLAN DEVELOPMENT THROUGH AUDIENCE SEVEN, THREE, FOUR AS PREVIOUSLY AMENDED FIVE AUDIENCES TO DO ONE THREE, TWO, SIX, ONE SIX TO DO ONE SEVEN AND ZERO ONE NIGHT. THERE WAS SIX BY CHANGING THE DENSITY OF THE RESIDENTIAL DEVELOPMENT CASE. NUMBER EIGHT WAS SEVEN Z. YOU'LL BE ALL FIORI TOSS. CAN YOU HEAR YOUR COUNSEL CHARLES GOLF DIRECTOR GRELIN SERVICES? I THINK THE COUNCIL IS FAMILIAR WITH THE FURY APARTMENT COMPLEX AND VITRUVIAN PARK DEVELOPMENT PLANS FOR, UH, THE COMPLEX WERE APPROVED IN 2011 AND INCLUDE 391 RESIDENTIAL UNITS, A UDR. THE OWNER OF THE PROPERTY IS PROPOSING TO CONVERT AN AMENITY SPACE THAT DOESN'T GET USED VERY FREQUENTLY, UH, INTO A SINGLE 819 SQUARE FOOT RESIDENTIAL UNIT THAT WOULD INCREASE THE TOTAL NUMBER OF UNITS, UH, TO 392, UH, WHILE STILL PROVIDING SEVEN OTHER AMENITIES SPACES FOR THE RESIDENTS. SO THERE'S STILL PLENTY OF AMENITY SPACES ON SITE. UH, THE ONLY EXTERIOR CHANGE TO THE BUILDING WOULD BE THE ADDITION OF A PATIO DOOR ON THE SOUTHERN FACADE. SO [01:55:01] ALLOW ACCESS OUT TO THE PATIO BESIDE THIS NEW UNIT. UH, THE PLAN DEVELOPMENT REGULATIONS REQUIRE THAT ANY INCREASE IN DENSITY, INCLUDING JUST ONE UNIT, REQUIRES IT TO COME BACK THROUGH THE PROCESS FOR P AND Z COUNCIL CONSIDERATION. AND SO THAT'S WHY WE'RE HERE AT NIGHT, EVEN FOR SUCH A MINOR REQUEST. THE PLANNING COMMISSION HEARD THIS REQUEST AT THE AUGUST 18TH MEETING, AND THEY RECOMMENDED FORWARD FOR APPROVAL SUBJECT TO MILK, HAPPY TO ANSWER ANY QUESTIONS JUST OUT OF CURIOSITY, HOW MANY TIMES THEY USE THAT PLACE. I DON'T KNOW THAT WE HAVE A SPECIFIC, UH, DATA, BUT THIS WAS, UM, AND THIS WAS, UH, A, UH, BASICALLY THE CONCEPT BEHIND THIS, THIS SPACE WAS, UH, THERE'S NOT A WHOLE LOT OF AREAS OR UNITS THAT HAVE DINING ROOMS. AND SO THE THOUGHT PROCESS WAS THIS WAS A KIND OF LARGER DINING ROOM THAT RESIDENTS COULD RENT OUT IF THEY WANTED TO HAVE A LARGER PARTY OR SOMETHING LIKE THAT. AND IT JUST, IT NEVER CAUGHT ON IT NEVER, UM, IT WAS NEVER REALLY USED. UH, AND SO THEY FELT THAT IT COULD BE UTILIZED MUCH MORE EFFECTIVELY AS ANOTHER UNIT. JUST CURIOUS. YEAH. 819 SQUARE FEET CAN BE JUST A ONE, ONE BEDROOM APARTMENT LODGE, ONE BEDROOM. SO THIS IS VERY MINOR CHANGES. SO DO I EMOTIONALLY? YEAH, THEY DIDN'T GENTLEMEN, THIS ITEMS LISTED THE POVERTY HEARING. IF ANYONE IN PUBLIC WISH TO SPEAK ON THIS ITEM, PLEASE DO SO. ANYBODY CAUGHT NO, SIR, NO, PROBABLY WISH TO SPEAK ON THIS ITEM. I HEAR BY CLOSE PUBLIC HEARING ON A MOTION TO APPROVE AS SUBMITTED. SO I HAD THAT WALLET MADE A MOTION. SECOND. IT ALL IN FAVOR, PLEASE SAY, AYE, AYE. [14. Present, Discuss, and Consider Action on an Ordinance Granting a Meritorious Exception for Prestonwood Place, Located at 5290 Belt Line Road, from the Code of Ordinances, Chapter 62 Section 62-184. – Setback, effective area and height, and Section 62-185- Specifications, in Order to Permit Two Pylon Signs Exceeding the Allowed Area and Setback Requirements.] ITEM 14. PRESENT DISCUSSING CONSIDERATION ON ON-DEMAND SQUINTING AND MERITORIOUS EXCEPTION FOR PRESSING WOULD PLACE LOCATED AT A 52 90 BELLAGIO ON THE CODE OF ORDINANCES, CHAPTER 62, SECTION 62 LINE FOUR SETBACK EFFECTIVE, BUT THE AREA IN HIGH AND SECTION 62 85 SPECIFICATIONS IN ORDER TO PREVENT TO ON SIZE EXCEEDING THE ALLOWED AREA AND SETBACK REQUIREMENTS STRAWS. GOOD EVENING, MAYOR AND COUNCIL CHARLES GOFF DIRECT DEVELOPED SERVICES. KRISTEN WOULD PLACE A SHOPPING CENTER IS LOOKING AT THE SOUTHEAST CORNER OF BELTLINE AND MONTFORT. ROGAN'S CURRENTLY UNDERGOING EXTENSIVE RENOVATION OF THE SITE, UPDATE THE BUILDINGS TO A MORE MODERN LOOK. UM, THEY HAVE TWO MULTI-TENANT PYLON SIGNS ON THE PROPERTY, UH, BOTH OF WHICH ARE NON-CONFORMING, UH, DO, UH, TO, UM, BOTH, UH, THEIR SIZE OR THEIR SIZE ON BOTH OF THEM. AND THEN ONE OF THEM, UH, NOT BEING SET BACK FAR ENOUGH FROM THE STREET TO MEET CURRENT REQUIREMENTS. UH, ONE OF THE SIGNS, THE SIGN, UH, ON BELTLINE THAT KIND OF IN FRONT OF WHERE SHAKE SHACK IS, UH, WAS DAMAGED IN THE WINDSTORMS, UH, LAST YEAR, UH, AND NEEDS TO BE REPLACED. AND THE OWNER ALSO, WHILE THEY'RE REPLACING THAT SIGN, WANT TO UPDATE BOTH THAT AND THE OTHER EXISTING PYLON SIGN TO MATCH THE MORE MODERN AESTHETIC, UH, OF THE RENOVATED SHOPPING CENTER. UH, TYPICALLY THE CODE LIMITS MONUMENT SIGNS TO, UM, SO TYPICALLY THE CODE LIMITS ON MONUMENT SIGNS TO, UH, 72 SQUARE FEET, UH, AND THE PROPERTY OWNERS REQUESTING MERITORIOUS EXCEPTION. SO THEY CAN RECONSTRUCT THE TWO, UM, SIGNS, UH, AT 99.8 SQUARE FEET. UH, AND THAT ADDITIONAL SQUARE FOOTAGE WOULD ALLOW THE SHOPPING CENTER TO DISPLAY THE BRAND OF THE SHOPPING CENTER. THE NAME OF THE SHOPPING CENTER BRESLIN WOULD PLACE THE ACTUAL TENANT SIGNAGE AREA IS STILL 72 SQUARE FEET. SO IT KIND OF MAINTAINS THE INTENT OF THE ORDINANCE, BUT ALSO GIVES THEM A BRANDING OPPORTUNITY. THIS IS CONSISTENT WITH WHAT WE'VE DONE IN OTHER SHOPPING CENTERS AROUND TOWN. WE MOST RECENTLY DID THIS FOR THE BROOKHAVEN SHOPPING CENTER AND THE TRIBUNE PARKING, LET THEM PUT THE NAME BROOKHAVEN AND NOT COUNTED AGAINST THEIR TENANT AREA. AND SO THE PROPERTY OWNER IS ALSO REQUESTING AN EXCEPTION TO ALLOW THE EXISTING PYLON SIGN AGAIN, THAT ONE IN FRONT OF SHAKE SHACK TO REMAIN IN ITS CURRENT LOCATION, WHICH HAS ONLY 14 AND A HALF FEET SETBACK FROM THE STREET. AND INSTEAD OF THE REQUIRED 20 FRANKLY, BECAUSE OF THE WAY THAT THE SHOPPING CENTER IS DEVELOPED, IT CAN'T BE PLACED 20 FEET BACK WITHOUT PUTTING IT IN THE MIDDLE OF THE DRIVE AISLE. AND SO, UH, GIVEN THE EXISTING CONDITIONS, UH, AND IN KEEPING WITH, UH, WHAT WE'VE ALLOWED FOR OTHER CENTERS, UH, STAFF RECOMMENDS APPROVAL. GOOD QUESTION. TOM SEEMS REASONABLE TO ME. THEY'RE JUST KIND OF RECONFIGURING WHAT WAS THERE. IT'S GONNA MAKE THEM LOOK SO MUCH NICER. YOU KNOW, I'LL LEAVE HIM THAT OLD PITCH SIGN. WE'RE JUST GOING TO GO WITH THE AESTHETICS OR ANYTHING. THEY'RE REALLY JUST SQUARE. OFFICER'S EXTRA SQUARE FOOTAGE IS ALL [02:00:01] I DO PITCH TOP ON IT. SO YOU WANT TO MAKE THE MOTION, BUT THE MAIN THING IS THEY KEEP THE SAME SIZE. SO AS EVER BEFORE BEFORE, SO THERE'S NO REASON, YOU KNOW, YOU'RE THE ONE THAT WE BOOKED THAT. RIGHT. ALRIGHT. DO I HAVE A MOTION FOR THIS? I MOVE APPROVAL ITEM 14. SO I HAVE A MOTION MOTION FROM TOM BROWN. ON YOUR FAVOR TO APPROVE THIS ITEM, PLEASE SAY, AYE, AYE. OPPOSE [15. Present, Discuss, and Consider Action on a Resolution to Approve a Professional Services Agreement with Cobb, Fendley and Associates for a Utility Capacity Assessment Related to Future Development Adjacent to the Addison Transit Center and Silver Line Rail Station in an Amount Not to Exceed $123,565.] 15 PRESENTED DISCUSS CONSIDERED ACTION ON A RESOLUTION TO APPROVE OF PROFESSIONAL SERVICES OF LEHMAN, WHERE THE COP OF FENLEY AND ASSOCIATES FOR UTILITY CAPACITY ASSESSMENT RELATED TO FUTURE DEVELOPMENT ADJACENT TO THE EDISON TRANSIT CENTER AND CIVIL LAWN REAL STATION IN AN AMOUNT NOT TO EXCEED $123,565. YES, CHARLES MARIN COUNCIL, CHARLES GOLF DIRECTOR VELVET SERVICES AS A NEXT STEP IN THE TOWN'S PROCESS OF CREATING A TRANSIT ORIENTED DEVELOPMENT, UH, NEXT TO THE RAIL STATION ALONG THE SILVER LINE, STAFF IS PROPOSING A PROFESSIONAL SERVICE AGREEMENT WITH COP FINLEY, JUST STUDY THE EXISTING INFRASTRUCTURE IN THE AREA. COMPETENTLY IS THE GROUP THAT WE USE TO DO ALL OF OUR DEVELOPMENT REVIEW. SO THEY'RE VERY FAMILIAR WITH THE TOWNS, UH, EXISTING INFRASTRUCTURE, AND SPECIFICALLY GOING TO BE ASKING THAT THEY LOOK AT, UH, THE STORM WATER SYSTEM, UH, POTABLE WATER WASTEWATER, A FRANCHISE UTILITIES, WHICH IS YOUR ELECTRIC GAS AND YOUR COMMUNICATIONS INFRASTRUCTURE, UH, AS WELL AS, UH, THE STREET NETWORK FOR TRAFFIC CAPACITIES. UH, IN EACH CASE CONFIDENTLY, WE'LL LOOK AT THE EXISTING CAPACITIES IN EACH SYSTEM, UH, AND THEN ESTIMATE THE IMPACT OF THE FUTURE DEVELOPMENT. AND WE BASED THAT ON THE ADOPTED ASPIRATIONAL CONCEPT PLAN. SO IT COULD CHANGE FROM THAT, BUT JUST TO KIND OF GET IN THE BALLPARK OF WHAT WE'RE TALKING ABOUT THAT WOULD, UH, LET US KNOW, UM, WHAT THE FUTURE DEMAND WOULD BE BASED ON THAT, UH, THEN COP TENLEY, UH, WILL GIVE US A HIGH LEVEL DESIGN AND COST ESTIMATES FOR THE DETERMINED THAT IMPROVEMENTS SHOULD BE MADE. SO THAT THERE'S SUFFICIENT CAPACITY FOR FUTURE DEVELOPMENT THAT DOESN'T OBLIGATE THE TOWN, UH, TO MAKE ANY OF THOSE IMPROVEMENTS, ALTHOUGH WE COULD, UH, BUT IT JUST PROVIDES US INFORMATION OF INNOVATION THAT WE CAN SHARE WITH DEVELOPERS SO THEY CAN MAKE A MORE EDUCATED, UH, PROPOSAL, UH, WHEN THEY'RE PROPOSING ON THE SITES, UH, THE COST OF THIS ASSESSMENT IS $123,565, WHICH WE SPLIT BETWEEN UTILITY FUND AND THE SELF FUNDED PROJECT FUND, UH, AND THE FYI 21 BUDGET. SO WITH THAT, WE RECOMMEND APPROVAL AND I'D BE HAPPY TO HOW LONG HAS IT TAKEN TO DO SOMETHING LIKE THIS, CHARLES? UM, IT'LL TAKE A FEW MONTHS. UM, I THINK THREE TO FOUR MONTHS, I THINK IT'S WHAT WE'RE TALKING ABOUT. SO THIS MORNING, THIS ONE SLOWED DOWN. IT WAS ASSESSING NO. SO WHEN THEY DO THE STUDY AND THE IS BASED ON THE PRESENTATION, WE HAD IT BEFORE WITH ALL THOSE HIGH RISE BUILDINGS. RIGHT, RIGHT. SO IS IT DIFFERENT YOU NUMBER OF UNITS OF LOVE SO THERE'S A HUGE, HUGE CAPACITY. SO, UH, SO THEY GO THROUGH STUDY THE SOAR AND WHAT ARE THE NEEDS, YOU KNOW, AS THE WATER FOR THAT, THERE'S A BIG PROJECT, IT'S AN IMPORTANT PROJECT. SO WHEN THE FUTURE DEVELOPERS COMING IN, WE ALREADY HAVE THE INFRASTRUCTURE READY FOR IT. YOU KNOW, ALL THE INFRASTRUCTURE, ALL THE ENGINEERING, RIGHT. THEY WILL, THEY WILL AT LEAST KNOW WHAT IT NEED TO ACQUIRE. THAT'S EXACTLY RIGHT. AND WE THINK THAT THAT WOULD BE AN INCENTIVE TO BE A DEVELOPER, TO KNOW COMING IN WHAT, AND THEN THAT'S THE REASON WHY WE'RE DOING THIS. YOU WANT TO DO THIS NOW IS SO THAT THEY COME IN AND SEE, WE'VE ESSENTIALLY LOWERED A LITTLE BIT OF THE RISK THAT THEY WOULD HAVE TO TRY TO COME IN AND POST SOMETHING INFORMATION THAT THE DEVELOPER OBVIOUSLY TRYING TO, IT'S A TOOL FOR THEM, NO SIGNIFICANT INVENTORY. AND THEY CAN ANSWER ANY QUESTIONS. I GUESS THIS IS YOUR LAST ITEM FOR THE DAY YOU CAN DRAG IT OUT. THIS GUY'S A SHORT TERM, BUT HE STILL HAS A PLANNING AND ZONING COMMISSION MEETING TO VERY WELL NEXT WEEK. SO, ALL [02:05:01] RIGHT. DO I HAVE A MOTION TO APPROVE THIS 15 SECOND? SAY, AYE. I APPRECIATE IT. I WATCH RELATIONS WISH YOU ALL THE BEST. BYE. [16. Present, Discuss, and Consider Action on an Ordinance Amending Chapter 82 (Utilities), Section 82-76 and Section 82-77 of the Code of Ordinances of the Town by Amending Sewer Rates and Water Rates for All Customer Classifications; Providing that the Changes to the Sewer Rates and Water Rates Made Herein Shall be Applied to Monthly Customer Bills Beginning with the November 2020 Billing Cycle.] ALRIGHT. ITEM 16. PRESENT, DISCUSS A CONSIDERATION ON AN ORDINANCE AMENDING CHAPTER 82 YEAR KYLA SECTION 82 76 AND SECTION 82 77 OF THE CODE OF ORDINANCES OF THE HARM BY AMENDING SOAR RATES. AND WHAT ARE THE RATES FOR ALL CUSTOMERS CLASSIFICATIONS, PROVIDING THEM WITH CHANGES TO THE SOLAR RATES AND WATER RATES MADE IN SHALL BE APPLIED TO MONTHLY CUSTOMER BILLS BEGINNING WITH THE NOVEMBER OF 2020 BILLING CYCLE. YES, STEVEN. GOOD EVENING. ONCE AGAIN, MAYOR AND COUNCIL, STEVEN LIPPMAN, CHIEF FINANCIAL OFFICER, UH, BEFORE YOU YOU'D HAVE AN ORDINANCE TO APPROVE A RATE INCREASE FOR WATER AND SEWER CUSTOMERS IN THE AMOUNT OF 6%. THIS IS A LOT OF THE BUDGET THAT WAS APPROVED EARLIER IN THE MEETING. HAPPY TO ANSWER ANY QUESTIONS ABOUT THE, I BELIEVE WE ALREADY HAD THIS WORK SESSION BEFORE, AND THEN THIS IS THE YEAR WE BELIEVE WE'RE 6% WATER RATE. SO NEXT YEAR 2021 GOING TO BE TWO AND A HALF PERCENT NEXT YEAR WILL BE BETTER. I ALWAYS SUFFER HIGHER WATER RATES. SO I HAVE BUSINESS HERE. WE USE SO MUCH WATER. SO, SO DO I HAVE MOTION? SO THIS ITEM ITEM 60 IS SUBMITTED AND THE MOTION IS SECONDED ALL IN FAVOR TO APPROVE THIS RIGHT, PLEASE SAY, AYE. AYE, AYE. [17. Present and Discuss the Finance Department Quarterly Financial Report of the Town of Addison for the Fiscal Year 2020 Third Quarter Ended June 30, 2020.] ITEM 17 PRESENTED DISCUSSED THE FONDEST DEPARTMENT, QUARTERLY FINANCIAL REPORT OF THE TOWN EDISON FOR THE FISCAL YEAR. THIRD QUARTER ENDED JUNE 30, 2001. THANK YOU ONCE AGAIN, MAYOR ONE SECOND WHILE I SHARE MY SCREEN HERE. SO THIS IS OUR QUARTERLY FINANCIAL REPORT THAT IS THROUGH THE THIRD QUARTER OF FISCAL YEAR 2020. SO THIS IS FOR OCTOBER 1ST THROUGH JUNE 30TH OF 2020, OCTOBER, FIRST OF 2019. AND OUR EXECUTIVE DASHBOARD, ALL OF OUR REVENUE SOURCES ARE PERFORMING VERY WELL. UH, THE ONE THAT REALLY IS HAVING THE ISSUES IS THE ONE YOU'VE ANTICIPATED HAVING ISSUES. THAT'S OUR HOTEL TAX. SO THAT ONE IS A LITTLE BIT BELOW 50% OF WHAT WAS BUDGETED FOR THIS FISCAL YEAR. UM, UH, APRIL MAY AND JUNE WERE VERY DIFFICULT MONTHS. AS FAR AS HOTEL OCCUPANCY TAX GOES, YOU KNOW, THE GOOD NEWS IS WE'RE SEEING INCREASES EVERY MONTH. UM, THE BAD NEWS IS, IS THAT THOSE INCREASES HAVE NOT BEEN AS SUBSTANTIAL AS WE WOULD HOPE. UM, BUT AGAIN, WE'RE SEEING A LARGE PERCENTAGE INCREASES, BUT THE, THE AMOUNT IS, SO IT WAS SO LOW. I WENT WHEN IT GOES DOWN TO 10% OF WHAT IT NORMALLY IS, AND YOU'RE ADDING 10% ONTO THAT. IT'S JUST NOT INCREASING. IT'S JUST NOT GETTING BACK TO HISTORICAL LEVELS, BUT, BUT WE ARE SEEING SOME POSITIVE SIGNS HERE. UH, AS FAR AS FINES AND PENALTIES GO, UH, FINES ARE, UH, LOWER THAN ANTICIPATED PRIMARILY BECAUSE PEOPLE HAVE BEEN AT HOME, NOT DRIVING OUT ON OUR STREETS AND GETTING TICKETS AND THE LIKES OF, SO THAT REVENUE SOURCES ARE A LITTLE BIT, UH, DOWN, UH, AND THEN SPECIAL EVENTS REVENUE WITH THE EVENTS BEING CANCELED. ALL THE REVENUE THAT'S BEEN GENERATED THIS FROM PREVIOUS YEARS, OCTOBER FEST. UM, SO, SO THAT REVENUE SOURCES, THIS FORMULA BUDGET, UH, EXECUTIVE DASHBOARD FOR EXPENDITURES, EVERY FUND IS TRENDING REALLY, REALLY NICELY AS FAR AS THEIR BUDGET GOES, KNOW THE HOTEL FUND BECAUSE OF THE CANCELLATION OF THE SPECIAL EVENTS IS JUST OVER 40% OF THEIR BUDGET HAS BEEN EXPENDED. THE GENERAL FUND IS AT 68% ECONOMIC DEVELOPMENT, JUST OVER 53%. AND THEN THE AIRPORT IS 69%. AND THEN UTILITY FUND IS AT ABOUT 67% [02:10:04] PERSONNEL INFORMATION. THERE WAS EIGHT, UM, SEPARATIONS IN THE THIRD QUARTER, AND THEN THERE WERE FOUR NEW HIRES FOR FULL TIME POSITIONS, UH, IN THE THIRD QUARTER, OUR ECONOMIC INDICATORS. THESE LOOK A LITTLE BIT STRANGE BECAUSE OF, BECAUSE OF THE PANDEMIC. SO AS FAR AS UNEMPLOYMENT, YOU SEE THE VERY LARGE INCREASE THERE AND MARCH AND APRIL, AND THEN YOU SEE THAT START TO COME DOWN, UM, OVER THE NEXT COUPLE OF MONTHS. BUT AGAIN, IT HAD BEEN VERY SMOOTH FOR A VERY LONG TIME AND THEN THE PANDEMIC KITS, AND YOU GET A VERY LARGE INCREASE, UH, ON THE, UH, HOTEL REVENUE PER AVAILABLE ROOM. YOU SEE THE OPPOSITE EFFECT OR THAT HAD BEEN RELATIVELY STABLE. AND THEN WITH THE PANDEMIC, NOBODY'S STAYING IN OUR HOTELS AND THAT DROPS VERY SIGNIFICANTLY. AND NOW YOU SEE THAT START TO, UH, BEGINNING TO RECOVER. UH, AND THEN OUR HOTEL STATISTICS, THAT'S, THAT'S A LITTLE BIT MORE IN DEPTH OF THE PREVIOUS CHART THAT YOU CAN SEE THAT THE SAME TYPE OF TREND THERE. AND IT GOES DOWN VERY SIGNIFICANTLY. UM, OUR RENTAL RATES ARE GOING, STARTING TO GO BACK UP. UM, THE OCCUPANCY'S GOING BACK UP AND THEN THE REVENUE PER AVAILABLE ROOM IS ALSO TRENDING BACK UP. BUT AGAIN, WHEN IT DROPS DOWN SO SIGNIFICANTLY, UH, THAT IT'S NOT JUST GOING TO POP BACK UP, YOU KNOW, LIKE IT WENT DOWN, SO IT'S, IT'S RECOVERING, BUT IT'S GOING TO BE A SLOW RECOVERY. OUR OCCUPANCY INDICATORS, WE HAVE A 3.6%, UH, REDUCTION THERE ON OFFICE OCCUPANCY COMPARED TO, UH, THE SAME, UH, QUARTER FOR THE PREVIOUS YEAR. AND THEN ON RETAIL OCCUPANCY AT 0.1% INCREASE FROM THE SAME ORDER IN THE PREVIOUS FISCAL YEAR HOTEL INDICATORS ARE AGAIN, VERY SIGNIFICANT REDUCTIONS. HOTEL OCCUPANCY WAS JUST 21% FOR THE THIRD QUARTER. THAT'S A 47.5% REDUCTION FROM THE SAME QUARTER IN THE PREVIOUS YEAR. AND THEN ON THE REVENUE PER AVAILABLE ROOM, UH, 78.1% DECREASE FROM THE SAME COOPER PREVISION TOTAL PERMITS ISSUED IN VALUATION. UM, AS FAR AS IN THE LAST FEW FISCAL YEARS AGO, EVERYTHING IS TRENDING, UH, FAIRLY SIMILARLY AND OVERALL, UH, REVENUE FROM, FROM PERMITS. AND, UH, AND, UM, LICENSES HAS SIGNIFICANTLY EXCEEDED THE BUDGET FOR FISCAL YEAR 2020, ALREADY QUARTERLY PERMIT ACTIVITY YEAR OVER YEAR. UM, THAT COULD BE EXPECTED WITH THE PANDEMIC REALLY HITTING THAT THIRD QUARTER OF APRIL 1ST THROUGH JUNE 30TH, THAT YOU CAN SEE SOME DECREASES THERE, BUT OVERALL, IF YOU LOOK AT THE BIGGER PICTURE, UM, UH, ON THE TOTAL PERMITS ISSUED IN VALUATION THAT WE'RE STILL IN LINE WITH THE PRIOR FISCAL YEARS, ECONOMIC DEVELOPMENT INCENTIVES, THERE ARE FIVE CURRENT EXECUTED AGREEMENTS. THE AMOUNTS THAT WE PAID TOWARDS THOSE AGREEMENTS IN FISCAL YEAR 20 IS JUST UNDER $385,000. AND THE TOTAL COMMITTED IS JUST OVER $480,000. THE NEXT CHART IS THE THIRD QUARTER SALES TAX COMPARISON. OVERALL IN THE THIRD QUARTER, WE SAW ABOUT A 10% DECREASE FROM THE PREVIOUS FISCAL YEAR. SOME OF OUR COMPETITOR CITIES, CARROLLTON, FARMERS, BRANCH RICHARDSON, UM, SOMEHOW RICHARDSON HAD A 5% INCREASE. WE WERE NOT SURE IF THEY GOT A LARGE AUDIT PAYMENT OR SOMETHING LIKE THAT. UH, FARMER'S BRANCH HAD ABOUT A 7% DECREASE IN CARROLLTON, BUT 1% DECREASE SALES TAX COLLECTION. THIS IS FISCAL YEAR 2018, 2019 AND 2020. AND OVERALL THE THREE OUTLIERS, THERE WERE ALL RELATED TO AUDIT PAYMENTS. UH, TWO OF THOSE OCCURRED AND JUST FOR YOUR 2018, ONE OF THEM OCCURRED IN FISCAL YEAR 2019. OTHER THAN THAT, EVERYTHING IS, WAS, UH, IMPROVING FAIRLY SIGNIFICANTLY THAN THE PANDEMIC HIT. AND YOU CAN SEE THE PURPLE BARS FOR APRIL, MAY, JUNE. UM, A LITTLE BIT LESS JUNE WAS ACTUALLY UP A LITTLE BIT FROM THE PREVIOUS YEAR, BUT APRIL AND MAY WERE FAIRLY SIGNIFICANTLY BELOW. HOWEVER, THEY WERE, THEY WERE STILL EXCEEDING OUR EXPECTATIONS. WE WERE ANTICIPATING FAIRLY SIGNIFICANT, UH, SALES TAX DECREASES. AND WHILE IT DID DECREASE IT, DIDN'T DECREASE TO THE LEVEL [02:15:01] THAT WE WERE ANTICIPATING FROM COVID-19. AND THEN IN JUNE WE SAW ABOUT A 3% INCREASE. WHAT I CAN TELL YOU IS THE DATA THAT WE HAVE THAT EXTENDS BEYOND THE THIRD QUARTER. THE SALES TAX WE GOT FOR JULY WAS FAIRLY SIGNIFICANTLY ABOVE WHAT IT WAS PREVIOUSLY IN FISCAL YEAR 2019. SO WE'RE SEEING VERY GOOD SIGNS OF, UH, ON THE SALES TAX SIDE, BUT STILL THERE THERE'S, THERE'S A LOT TO BE DETERMINED. THERE THERE'S A LOT OF SALES TAX THAT'S BEING PAID, NOT IN THE PERIOD WHEN IT'S DUE. AND ONE OF THE THINGS THAT WE GET IS WE, UH, WHEN WE GET OUR PAYMENT FROM THE COMPTROLLER, WE, THEY DON'T TELL US WHAT THE, WHAT PERIOD THOSE PAYMENTS ARE FOR. THEY JUST TELL IT TO IT'S A PRIOR PERIOD PAYMENT. SO THEY DON'T SAY IT'S FOR MARCH OR APRIL. THEY JUST SAY IT WAS FOR PRIOR PERIOD. SO IT'S HARD TO PARDON IT HARD TO KNOW WHICH PERIOD THOSE APPLY TO. BUT, UH, THE GOOD NEWS IS, IS THAT, UM, FOR THE LAST COUPLE OF MONTHS, WE'VE SEEN A POSITIVE INCREASE IN OVERALL SALES TAX. THIS IS OUR SALES TAX COLLECTIONS FOR FISCAL YEAR 2019, AND THEN FISCAL YEAR 2020, UH, MONTHLY COLLECTIONS THROUGH JUNE, YOU CAN SEE TRENDING VERY POSITIVELY. UH, THE ONE IN JANUARY WAS RELATED TO AN AUDIT PAYMENT WE RECEIVED LAST YEAR. SO THAT'S WHY THERE WAS A DECREASE. THERE WAS A $520,000 AUDIT PAYMENT, UM, TRENDING POSITIVELY THROUGH FEBRUARY AND MARCH. AND THEN WE START TO GET INTO THE COVID-19 PANDEMIC NUMBERS, UH, APRIL A 13.9% DECREASE MAY 18.2% DECREASE. AND THEN JUNE, WE SEE A 3% INCREASE. AND AS I MENTIONED, UH, JULY, WE'LL SEE AN INCREASE AS WELL. UH, AND THEN OVERALL OUR BREAKDOWN OF SALES TAX BY CATEGORY, OUR BIGGEST ONES, THERE ARE INFORMATION, UH, WHOLESALE AND RETAIL, AND THEN A COMBINATIONS OF FOOD SERVICES. AS YOU CAN SEE A VERY DIVERSE HERE IN THE TOWN OF ATIS. AND SO, UH, ALTHOUGH RESTAURANTS HAVE BEEN CLOSED AND, AND, UH, HAVE SEEN LESS SALES TAX FROM THERE, UH, YOU CAN SEE THE DIVERSITY. SO THAT'S WHY THE SALES TAX BASED ON GENERAL FUND REVENUE OVERALL REVENUE IS TRENDING VERY POSITIVELY. WE HAVE RECEIVED 89.9% OF TOTAL REVENUE THROUGH THE THIRD QUARTER. UH, THE TWO AREAS THAT, UH, ONE, WE HAVE HIGHLIGHTED GRID, A DELINQUENT TAXES. WE'VE HAD SIGNIFICANT DELINQUENT TAX REFUNDS, UM, THIS YEAR, WHICH HAVE EXCEEDED OUR BUDGET. AND THEN, UH, THE YELLOW ITEM FOR COURT FINES, AGAIN, AS I MENTIONED EARLIER, UH, LESS TRAFFIC, LESS PEOPLE OUT. UM, SO WE'VE SEEN A DECREASE THERE. UM, AND THEN OTHER REVENUE, WE HAVE A VERY, A VERY LARGE INCREASE OVER OUR BUDGET THAT REALLY RELATES TO, UH, CITY PROPERTY VEHICLES AND SUCH THAT WERE AUCTIONED OFF, UH, THAT ONE BUDGET ON THE EXPENDITURE SIDE, UM, OVERALL EXPENDITURES ARE TRENDING AT 68% OF THE BUDGET IN TOTAL. THE ONLY ITEM THAT IS HIGHLIGHTED, UH, AS NOT, UH, TRAINING IN LINE WITH BUDGET IS ON COUNCIL PROJECTS. AND THAT RELATES TO THE $85,000 THAT WAS PAID TO METROCREST SERVICES. UM, AND THAT WAS GOING TO BE INCLUDED IN THE END OF YOUR BUDGET AMENDMENT, BUT WE HAVE, UH, TRANSFERRED THAT TO THE GRANTS FUND. SO THAT IS GOING TO BE PART OF THE CARES ACT GRANT. SO THAT WILL, UM, IN THE FOURTH QUARTER REPORT THAT WILL COME OUT, UH, OF THE COUNCIL PROJECT BUDGET THERE AND, AND REDUCE THAT BY ABOUT $85,000 HOTEL FUND ON THE REVENUE SIDE, AGAIN, HOTEL OCCUPANCY TAXES SIGNIFICANTLY BELOW THE BUDGET, UH, WITH THE CANCELLATION OF SPECIAL EVENTS. AND THOSE ARE SIGNIFICANTLY BELOW BUDGET. AND THEN THE CLOSURE OF THE CONFERENCE CENTER, THOSE REVENUE SOURCES, THERE ARE SIGNIFICANTLY BELOW BUDGET OVERALL, AS I MENTIONED, WE'RE SEEING POSITIVE GAINS IN HOTEL OCCUPANCY TAX, BUT AGAIN, IT'S NOT, ALTHOUGH THE PERCENTAGE GAINS ARE PRETTY SIGNIFICANT, THE DOLLAR AMOUNTS, UM, THERE'S STILL QUITE A WAYS TO GET ON THE EXPENDITURE SIDE OVERALL 49, 40.9% OF THE BUDGET HAS BEEN EXTENDED. UM, AND THEN AGAIN, UH, ON PERFORMING ARTS, ALL OF THAT BUDGET HAS BEEN EXPENDED AND THAT'S RELATED TO, UH, THE WATER TOWER THEATER GRANTS AND THEY HAVE ALL BEEN PAID. AND THEN ON THE SPECIAL EVENTS SIDE WITH THE CANCELLATION OF SPECIAL EVENTS, THAT THOSE EXPENDITURES ARE FAR BELOW BUDGET, ECONOMIC DEVELOPMENT FUND WITHIN THIS FUND, EVERYTHING IS TRENDING POSITIVELY. 79.2% OF OVERALL REVENUES [02:20:01] HAVE BEEN COLLECTED. AND ON THE EXPENDITURE SIDE, UH, JUST 53.4%. UH, THE BUDGET HAS BEEN EXPENDED TODAY WITHIN THE AIRPORT FUND. ALSO TRENDING POSITIVELY OVERALL 76.8% OF OPERATING REVENUE HAS BEEN COLLECTED. AND THEN ON THE EXPENSE SIDE, 69% OF OVERALL THE OPERATING EXPENSES HAVE BEEN SPENT TODAY. AND THEN ON THE CAPITAL SIDE, UH, JUST ABOUT 30% OF THEIR CAPITAL, A CASH FUNDED BUDGET HAS BEEN SPENT TO DATE, UH, IN TOTAL UTILITY FUND. AND OVERALL, THESE ARE, THESE REVENUES ARE COLLECTED ONE MONTH IN ARREARS. SO, UM, FOR THE REVENUES THAT ARE SHOWN THERE, AND THEY'RE STILL IN LINE WITH WHAT WE WOULD ANTICIPATE ABOUT 61% OF THE TOTAL REVENUE BUDGET HAS BEEN COLLECTED SO FAR. AND ON THE EXPENDITURE SIDE, OVERALL EXPENSES ARE 67.4%, UH, OF THE OPERATING BUDGET. AND THE ONLY ITEM HIGHLIGHTED YELLOW THERE IS ON THE WASTEWATER. AND WE PREPAY, UH, A MONTH IN ADVANCE ON THE WASTEWATER TREATMENT TO TRINITY RIVER AUTHORITY. SO THAT'S WHY THAT NUMBER IS A LITTLE BIT INFLATED. THE STORM WATER UTILITY FUND OVERALL REVENUES ARE TRENDING POSITIVELY. AGAIN, THIS IS ALSO COLLECTED ONE MONTH AND YEAR OVERALL REVENUES ARE 69.7% OF THE BUDGET AND OPERATING EXPENSES ARE 53.3% OF THE BUDGET, AND THEN CASH FUNDED CAPITAL PROJECTS TODAY, JUST 2.5%, UH, UH, THAT CASH HAS BEEN SPENT AGAIN, UH, THERE ARE ON FUNDS BEING UTILIZED PRIOR TO THE CASH HOTEL, OCCUPANCY TAX COLLECTIONS, THIS NOT A GOOD QUARTER. SO YOU CAN, UH, AND BASICALLY WHAT I WAS MENTIONING BEFORE WAS, YOU KNOW, IT REALLY, IT REALLY FELL OFF THE CLIFF HERE. SO, UM, SO GOING FORWARD WHILE WE'RE SEEING POSITIVE, VERY POSITIVE GAINS, PERCENTAGE-WISE THE DOLLAR AMOUNT LOSS GOING FROM A QUARTER WHERE WE'RE COLLECTING 1.2 TO 1.5 MILLION DOWN TO A QUARTER WHERE WE'RE COLLECTING 250,000, UH, YOU KNOW, EVEN IF WE'RE INCREASING 25%, YOU KNOW, 25% OF 250,000, IT'S NOT GETTING US BACK TO THE LEVEL WE'VE PREVIOUSLY SEEN. AND SO, SO IT'S GOING TO TAKE SOME TIME, BUT AGAIN, WE'RE SEEING SOME POSITIVE, UH, POSITIVE ATTRACTION STARTING TO BEGIN AGAIN. SO HOPEFULLY THE FOURTH QUARTER DATA WILL LOOK A LITTLE BIT BETTER THAN THE DATA, UH, AND I'VE ALSO INCLUDED SOME INVESTMENT REPORT, A SUMMARY HERE. UM, SO, UH, ON OUR INVESTMENT REPORT, UH, AGAIN, YOU KNOW, EVERYTHING HAS BEEN DONE IN ACCORDANCE WITH THE PUBLIC FUNDS INVESTMENT ACT AND OUR POLICY. UH, WHAT WE HAVE HERE IS A CHANGE IN OUR BOOK VALUE OF OUR INVESTMENTS OF ABOUT, UH, CHA UH, NEGATIVE VARIANTS AT ABOUT $4.5 MILLION ON THE MARKET VALUE OF ABOUT $4.6 MILLION. UH, THAT REALLY RELATES TO OUR REVENUE IS COLLECTED MORE FROM PROPERTY TAXES IN DECEMBER AND JANUARY OVER THE THIRD AND FOURTH QUARTERS, WE'RE REALLY SPENDING ANY MORE THAN WE'RE BRINGING IN BECAUSE WE'VE ALREADY COLLECTED OUR PROPERTY TAXES. SO OUR BOOK VALUE IN OUR MARKET VALUE OF OUR INVESTMENTS ARE GOING TO GO DOWN BECAUSE WE'RE USING THOSE TO PAY OUR ONGOING EXPENDITURES. OUR INTEREST REVENUE DECREASED FROM $514,000 IN THE SECOND QUARTER DOWN TO $342,000, UH, A CHANGE OF A NEGATIVE VARIANCE OF $172,603, OR ABOUT 33 AND A HALF PERCENT INTEREST RATES HAD GONE DOWN VERY SIGNIFICANTLY IN MARCH. UH, THE FEDERAL RESERVE, UH, REDUCED, UH, THE OVERNIGHT INTEREST RATES, UH, I THINK SIX TIMES. SO IT'S GONE BASICALLY FROM, UM, ONE OF THE MOST POSITIVE INVESTMENT AS FAR AS LOCAL GOVERNMENT, UH, SCENARIOS GO IN A VERY LONG TIME TO BACK TO WHERE WE WERE ABOUT EIGHT OR 10 YEARS AGO. SO, UM, SO THAT'S GOING TO CONTINUE TO GO DOWN. SO, UH, RATES ARE PROBABLY NOT GOING TO BE GOING UP ANYTIME SOON. SO, UH, THINGS THAT WE HAVE THAT ARE CALLED OR THAT ARE HIGHER YIELDING YIELDING INVESTMENTS, UH, ONCE THOSE ARE ABLE TO BE, TO BE CALLED, THEY'RE GOING TO BE CALLED, AND WE'RE GOING TO HAVE TO REPLACE THOSE WITH SOMETHING ELSE. THAT'S NOT GOING TO BE YIELDING. WHAT SOME OF THOSE CURRENT INVESTMENTS ARE. THE BIGGEST ITEM IS OUR WEIGHTED AVERAGE YIELD TO MATURITY. SO WE SAW A REDUCTION OF 0.5, 5% IN ONE QUARTER. THAT'S VERY SIGNIFICANT. [02:25:01] AGAIN, THAT'S STRICTLY RELATED TO, UH, THE NEGATIVE CHANGE AS FAR AS INVESTMENT YIELDS GO ABOUT A 33.6% CHANGE IN THAT WEIGHTED AVERAGE YIELD TO MATURITY ON OUR TOTAL PORTFOLIO. SO VERY SIGNIFICANT CHANGE. UH, AND AGAIN, THAT'S GOING TO CONTINUE TO GO DOWN. SO, UH, RIGHT, UM, YIELDS ON SOME OF THE FIXED INCOME THINGS THAT WE'RE ABLE TO INVEST IN ARE INCREDIBLY LOW. UM, SO ACTUALLY I CAN'T FIND ANYTHING OVER ONE, 1% RIGHT NOW. SO 1.8 FOR THE WHOLE PORTFOLIO, I WOULD TAKE THAT, UH, GOVERNMENT GOING FORWARD, BUT THAT IS GOING TO CONTINUE TO GO DOWN AND, UM, YOU KNOW, WE'RE GOING TO TRY TO STAY AHEAD OF IT, BUT JUST, JUST TO PREFACE THAT THAT IS GOING TO CONTINUE TO DECREASE OVER THE NEXT FEW QUARTERS THAT I'LL TAKE ANY QUESTIONS ABOUT THE FINANCIAL AND INVESTMENT REPORT, STEVEN, JUST TO FOLLOW UP ON, ON WHAT ARE WE CONSIDERING NEW STRATEGIES FOR, FOR SOME OF OUR INVESTMENTS. SO I WILL HAVE A INVESTMENT POLICY IT'S GOING TO BE BROUGHT FORWARD AND OCTOBER, AND THAT WILL HAVE SOME CHANGES. FOR INSTANCE, RIGHT NOW OUR POLICY ONLY ALLOWS US TO BUY MUNICIPAL BONDS IN THE STATE OF TEXAS, UM, 49 OTHER STATES THAT HAVE VERY, VERY GOOD CREDIT QUALITY MUNICIPAL BONDS FOR US TO PURCHASE IT. SO WE WANT TO EXPAND THAT AGAIN. UM, AND THEN OUR POLICY ALLOWS US TO GO TO BUY THOSE FROM TWO YEARS IN LAST, WHEN THE PUBLIC FUNDS INVESTMENT ACT CAN, WE CAN GO UP. SO JUST OPENING UP THE POLICY A LITTLE BIT WILL ALLOW SOME GREATER OPPORTUNITY. I WAS, I WAS LOOKING AT ONE OF THESE CHARTS THAT I THINK, I THINK IT'S PART OF THIS AGENDA PACKAGE, BUT IT'S, YOU KNOW, SOMETHING TO SHARE IN THE FINANCE COMMITTEE MEETING AND TECHSTAR AND TECHS SIX, THREE MONTHS, THREE MONTHS. THESE ARE SO THEY'RE JUST RIGHT. I MEAN, ONE FIFTH OF 1% RIGHT NOW DEALING WITH THAT RIGHT NOW. SO WE HAVE, WE HAVE MOVED MOST OF OUR MONEY INTO, UM, WE HAVE ANOTHER POOL CALLED LOGIC. IT'S A COMMERCIAL, MOST OF OUR OPERATING FUNDS OVER HERE. TAKE ADVANTAGE OF THAT. AGAIN, WE'RE TALKING ABOUT REVISIT VERY MUCH, NOT VERY MUCH YIELD. THANK YOU. YES. THANK YOU. ANY MORE QUESTIONS? YES, NO. THE QUESTION IS I JUST WANT IT TO BECOME IT AS WE RAN THEM. I WANT TO COMPLIMENT STAFF. I THINK THE QUALITY OF THE MATERIALS THAT YOU'VE GIVEN US FROM THE TRANSMITTAL LETTER, FROM THE CITY MANAGER, EACH OF THE PRESENTATIONS HAVE BEEN CLEAR AS THEY'VE BEEN THE BEST. I SEE. SINCE I'VE DONE A REALLY GOOD JOB HELPING YOU, YOU KNOW, UM, I'VE NOTICED TWO SUITES OF PACIFY EVERY DAY. THEY DO A BETTER JOB. WE ALWAYS HAVE A LOT OF CARS, SO SOME SMALLER HOTEL, BIGGER HOTELS, LIKE A RENAISSANCE MAN AND A BARYONIC ON PLAZA, JUST THREE, FOUR SERVICE HOTELS. BASICALLY THEY COME ON CONVENTION MEETINGS. NOW THERE'S NO MEETINGS OTHER THAN JUNE. SO THEY ARE SUFFERING. SO CRONK HAS THAT COMPLETELY CLOSED RENAISSANCE. JUST, WE ONLY DO A LITTLE BUSINESS THERE, PROBABLY A LITTLE BETTER, BUT YOU KNOW, I REALLY SYMPATHIZE BUSINESS. NOBODY EVER THOUGHT OF THAT. SO, AND I BELIEVE THE FIRST QUARTER OF THIS FISCAL YEAR, WHICH IS JULY, AUGUST, SEPTEMBER WILL BE SECOND. SEE THE TRAFFIC. I CAN SEE THE NUMBER OF PEOPLE GOING OUT, YOU KNOW, UH, ALSO I RECEIVED, WE RECEIVED A REPORT FROM DALLAS COUNTY, THE NUMBER OF INFECTED PEOPLE, A FEW IN THE FIELD. I BELIEVE EVERYTHING WILL BE BACK TO NORMAL. I'M STILL VERY OPTIMISTIC. THAT'S THAT'S GREAT. KEEP IT UP. EVERYTHING. WAS HE BETTER? ALRIGHT. ANY MORE COMMENT [02:30:01] CONSOLE? ALL RIGHT. THANK YOU SO MUCH. THANK YOU. YEAH. EATING IS A JERK. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.